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BSP profit surges to P117.6 B in 2024
The Philippine Star
|March 21, 2025
The Bangko Sentral ng Pilipinas (BSP) earned P117.6 billion in 2024, nearly five times higher than the P26.5 billion in 2023, amid higher revenues and lower spending.
Preliminary data from the BSP showed that its total revenue, comprising interest income on foreign investments, government securities and Treasury bonds, surged by 41.3 percent to P300.4 billion in 2024 from P212.7 billion a year ago.
In 2024, the BSP's interest earnings rose by nearly 22 percent to P240.8 billion from P197.9 billion in 2023.
Miscellaneous activities such as trading gains or losses, fees, penalties and other operating income, among others, jumped by four times to P59.6 billion from just P14.8 billion in 2023.
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