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BOJ reports 11% jump in assets

The Bank of Jamaica is reporting that its assets jumped by 11% to $1.15 trillion or 35% of GDP up to December 11 this year.
 
This in comparison to $1.038 trillion or 32% of GDP for the similar period last year.
 
The central bank says the increase was mainly due to a surge in its foreign assets to $864.55 billion this month, compared with $745.11 billion in December last year.
 
The bank is also reporting that its net profits climbed to $13.4 billion during the review period.


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