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BOJ generates net profits of $9.7 billion

 
The Bank of Jamaica says it generated net profits of $9.7 billion for the year to date. 
 
The bank is also reporting that its assets climbed to $1.2 trillion or 33.6% of GDP as at April 23 this year, compared with $1.1 trillion for the similar period last year. 
 
This increase was due to a jump in its foreign assets to $929.7 billion in April from $815.1 billion last year. 
 
Its local assets, however, dipped to $241.9 billion in April from $274.9 billion last year. 


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