GEXIM Bank’s interest income surges 90% to GH¢153.9m – SIGA report

The Ghana Export-Import Bank (GEXIM Bank) witnessed a substantial surge in interest income in 2025, increasing by 90.21 percent to reach GH¢153.90 million, according to a recent SIGA report. This rise was driven by heightened revenue from loans and financial placements, following a 90.21 percent increase in interest income from GH¢80.91 million in 2024 to GH¢153.90 million in 2025.

The growth in interest income was coupled with a substantial reduction in funding costs, with interest expenses dropping by 99.08 percent, from GH¢26.99 million in 2024 to just GH¢250,000 in 2025. Consequently, the bank's net interest income expanded by a remarkable 184.98 percent to GH¢153.65 million. GEXIM Bank's lending activities also expanded significantly, with loans and advances to customers growing by 20.14 percent, from GH¢1.30 billion to GH¢1.56 billion during the same period.

Lending to customers increased as a percentage of total assets, rising from 55.9 percent in 2024 to 63 percent in 2025, reflecting the bank's focus on financing businesses and strategic sectors of the economy. Despite a slight decline in overall profitability, the bank's financial performance was described as robust by the report.

The institution also demonstrated improvements in certain credit-risk indicators, with impairment charges on financial assets declining by 32.11 percent, from GH¢26.75 million in 2024 to GH¢18.16 million in 2025. However, credit-impaired Stage 3 exposures rose from GH¢147.65 million to GH¢170 million, suggesting that some borrowers continued to face financial difficulties.

Established under the Ghana Export-Import Bank Act of 2016, GEXIM Bank's mission is to support Ghana's transition to an export-led economy by providing trade financing and assistance to export-oriented businesses.