{
  "id": 4649096,
  "title": "GEXIM Bank’s interest income surges 90% to GH¢153.9m – SIGA report",
  "url": "https://urgent.news/2026/08/31/gexim-banks-interest-income-surges-90-to-gh-153-9m-siga-report-4649096",
  "topic": "world",
  "section": "World",
  "published": "2026-08-31T13:06:26.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/gexim-banks-interest-income-surges-90-to-gh%c2%a2153-9m-siga-report/"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "The Ghana Export-Import Bank (GEXIM Bank) recorded a 90.21 per cent increase in interest income in 2025, supported by higher earnings from loans and financial placements.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Joy Business",
        "title": "GEXIM Bank grows loan portfolio to GH¢1.56bn as equity hits GH¢2.1bn in 2025 – SIGA Report",
        "url": "https://urgent.news/2026/08/31/gexim-bank-grows-loan-portfolio-to-gh-1-56bn-as-equity-hits-gh-2-1bn",
        "published": "2026-08-31T10:18:09.000Z"
      },
      {
        "outlet": "Adom Online",
        "title": "GEXIM Bank grows loan portfolio to GH¢1.56bn as equity hits GH¢2.1bn in 2025 – SIGA Report",
        "url": "https://urgent.news/2026/08/31/gexim-bank-grows-loan-portfolio-to-gh-1-56bn-as-equity-hits-gh-2-1bn-4632472",
        "published": "2026-08-31T10:59:42.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}