The Bank of Jamaica is reporting net profits of $22.5 billion for the year-to-date up to October 25.
These profits were generated on total assets of $1.24 trillion compared with $1.17 trillion during the year to October 23, 2024.
The central bank says the improvement was mainly due to higher earnings from its foreign assets, which increased compared to last year.
However, its local assets declined slightly over the same period.
The BOJ's liabilities also rose, reflecting growth in both demand deposits and other obligations, while its total capital increased modestly, showing continued financial stability.
Overall, the central bank says its balance sheet remains strong, supported by higher foreign holdings and steady profit growth.
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