THE Bangko Sentral ng Pilipinas' (BSP) net profit plunged by almost 60 percent in 2023 from a year earlier as expenses grew faster than revenues, preliminary data showed.

The central bank earned P25.53 billion last year based on its unaudited financial statements, 59.9 percent lower than the P63.73 billion recorded in 2022.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details