Afreximbank total assets increase by 7.8 % within six months

The African Export-Import Bank (Afreximbank) has disclosed that the total assets and contingencies of the Bank increased by 7.8 per cent in the first half (H1) of 2026.

Afreximbank revealed that the Group and its subsidiaries delivered a strong financial performance for the six months ended 30 June 2026, underscoring the resilience of its business model and continued support for trade and economic development activities across Africa and the Caribbean.

According to information posted on Afreximbank’s website, “The Group’s total assets and contingencies increased by 7.8 per cent to US$52.3 billion, up from US$48.5 billion at 31 December 2025. This growth was primarily driven by expansion in the Bank’s lending activities, with net loans and advances increasing by 5.7 per cent to US$35.4 billion, compared with US$33.5 billion at the end of 2025.

“Afreximbank maintained sound asset quality, with the non-performing loan (NPL) ratio of 2.20 per cent at the end of the first half of 2026, compared to 2.43 per cent at year-end 2025, reflecting prudent risk management.

“The Group also maintained a sound liquidity position, with liquid assets accounting for 13 per cent of total assets, comfortably within its strategic target range of 10 per cent to 15 per cent.”

According to Afreximbank, “shareholders’ funds increased to US$8.5 billion from US$8.4 billion at the end of 2025, supported by US$534.7 million in internally generated profits and US$13.9 million in new equity raised during the period.

“The Group recorded a significant increase in earnings, with net interest income rising by 22 per cent to US$1.0 billion, compared with US$0.84 billion during the corresponding period in 2025. In addition, fee and commission income increased by 15 per cent to US$71.1 million, up from US$61.9 million in H1 2025,…