Afreximbank 9M’25 Financial Scorecard Highlights Strong Liquidity and Resilient Growth
African Export-Import Bank (Afreximbank) and its subsidiaries have released a robust financial performance report for the nine months ended September 30, 2025, showcasing strong liquidity and resilient growth. The bank’s total assets and contingencies grew by 6.98% to $42.9 billion, up from $40.1 billion at the end of 2024, reflecting its steady expansion and ability to navigate a challenging global economic environment.
The bank maintained a strong liquidity position, with cash and cash equivalents rising to $7.6 billion from $4.6 billion in 2024. This increase was driven by successful fundraising efforts and early loan repayments from clients benefiting from improved cash flows and favorable foreign currency positions. Consequently, liquid assets now make up 20% of total assets, up from 13% the previous year, positioning Afreximbank to meet its lending and disbursement commitments effectively.
Net loans and advances closed at $28 billion, slightly down from $29 billion in FY2024, largely due to early repayments by financially stronger clients. Despite this, the bank’s asset quality remains robust, with a Non-Performing Loan (NPL) ratio of 2.51%, only slightly higher than last year’s 2.33%. This reflects the bank’s prudent risk management and continued focus on high-quality lending.
Afreximbank’s shareholders’ funds rose to $7.7 billion, supported by internally generated profits of $654.3 million and $224.9 million in new equity under the General Capital Increase II. Gross income for the nine-month period increased to $2.4 billion from $2.3 billion, while operating income grew 5.24% to $1.44 billion. The bank maintained cost efficiency, with a cost-to-income ratio of 21%, well below the strategic ceiling of 30%, further underscoring operational strength.
Denys Denya, Senior Executive Vice President at Afreximbank, emphasized the Group’s resilience, stating that strong liquidity, a robust capital base, and high-quality assets allow the bank to continue supporting Africa’s development agenda. He added that these results will enable Afreximbank to expand lending activities, deliver on its strategic mandate, and create sustainable long-term value in line with its 6th Strategic Plan.
source: Business day