Central bank posts lower net earnings

THE BANGKO SENTRAL ng Pilipinas (BSP) saw its net profit decline in the first eight months of 2025 as it booked lower revenues.

- Katherine K. Chan

The central bank’s net income fell by 17.71% year on year to P86.9 billion at end-August from P105.6 billion a year ago, according to its statement of income and expenses posted on its website.

This came as its revenues dropped by 15.08% to P187 billion in the first eight months from P220.2 billion last year.

Broken down, interest income, which accounted for the bulk of its revenues in the period, grew by 2.39% year on year to P163.1 billion from P159.3 billion.

However, miscellaneous income, which includes fees, penalties and other operating income, plunged by 60.59% year on year to P24 billion from P60.9 billion.

Meanwhile, the central bank’s expenses inched down by 3.98% to P137.5 billion in the eight months through August from P143.2 billion in the comparable year-ago period.