BIS profit rises as balance sheet grows

Institution close to completing five-year strategic plan, as deposits hit record high

Bank for International Settlements, Basel
Bank for International Settlements, Basel
Photo: BIS

The Bank for International Settlements reported a rise in profit for the 2023–24 financial year, as central bank deposits hit an all-time high and asset management holdings grew.

The BIS annual report, published today (June 30), reports a net profit of 832 million special drawing rights ($1.1 billion).

General manager Agustín Carstens said the previous financial year had been “successful” for the BIS banking department. Customer deposits rose to a historic peak of SDR325 billion in currency

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account