The Bank of Jamaica (BOJ) is reporting net profits of $23 billion for the year to November 26.
This is slightly higher than the $20.5 billion generated as at November 25 last year.
This was due to an increase in its foreign assets to $985 billion this year, mainly because its foreign bonds and long-term securities climbed to $56 billion from $54 billion last year.
The bank's time deposits also jumped to $890.3 billion from $802.6 billion, while its special drawing rights with International Monetary Fund (IMF) zipped to $38.8 billion from $6 billion.
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