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.

According to the 2025 State Ownership Report, the state-owned development finance institution’s interest income rose from GH¢80.91 million in 2024 to GH¢153.90 million in 2025.

The increase coincided with a significant expansion in the bank’s lending activities, with loans and advances to customers growing by 20.14 per cent, from GH¢1.30 billion to GH¢1.56 billion during the period.

Loans to customers also increased from 55.9 per cent of total assets in 2024 to 63 per cent in 2025, indicating that the bank allocated a larger share of its resources to financing businesses and strategic sectors of the economy.

At the same time, GEXIM Bank recorded a sharp reduction in its funding costs. Interest expenses declined by 99.08 per cent, from GH¢26.99 million in 2024 to GH¢250,000 in 2025.

The growth in interest income, combined with the reduction in funding costs, pushed the bank’s net interest income up by 184.98 per cent to GH¢153.65 million.

The bank’s earning assets also increased from GH¢1.67 billion in 2024 to GH¢1.89 billion in 2025, further strengthening its capacity to generate income from its financial operations.

GEXIM Bank ended the year with total operating revenue of GH¢898.04 million and a profit before tax of GH¢467.56 million. Its net profit also stood at GH¢467.56 million, compared with GH¢547.17 million in 2024.

Although profitability declined from the exceptionally high level recorded in 2024, the report described the bank’s financial performance as robust.

The institution also recorded improvements in some credit-risk indicators. Impairment charges on financial assets declined by 32.11 per cent, from GH¢26.75 million to GH¢18.16 million.

However, credit-impaired Stage 3 exposures increased from GH¢147.65 million to GH¢170 million, indicating that some borrowers continued to experience financial distress.

GEXIM Bank was established under the Ghana Export-Import Bank Act, 2016 (Act 911), to facilitate Ghana’s transition towards an export-led economy through trade financing and support for export-oriented businesses.