BSP books lower net profit at end-July as revenues decline

THE BANGKO SENTRAL ng Pilipinas’ (BSP) net income dropped by 16.8% at end-July amid lower revenues, preliminary data showed.

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The central bank’s net profit fell to P79.2 billion in the first seven months of 2025 from P95.2 billion in the same period last year, its statement of income and expenses posted on its website showed.

This came as its revenues declined by 14.1% year on year to P163.8 billion from P190.6 billion previously.

Broken down, the BSP’s interest income, which made up most of its revenues, inched up by 1.1% to P142 billion in the seven-month period from P140.4 billion last year.

Its miscellaneous earnings, which are made up of fees, penalties and other operating income, plunged by 56.8% to P21.7 billion from P50.2 billion.