Imagine a financial powerhouse weathering global storms, yet emerging stronger than ever— that's the story of Afreximbank's latest performance that could redefine how we view African economics. Stick around, because what follows might just challenge your assumptions about banking in a turbulent world.
FORWARD-LOOKING STATEMENTS
The African Export-Import Bank (Afreximbank) Group regularly shares forward-looking statements, both in written form and verbally, through various channels like this announcement and other interactions. This includes communications from the Bank's officers to investors, financial analysts, journalists, and the broader investment community. These statements often discuss the Bank's future plans, goals, priorities, and projected financial outcomes, and they're typically signaled by terms such as “should,” “would,” “may,” “could,” “expect,” “anticipate,” “estimate,” “project,” “intend,” and “believe.”
Inherently, these projections depend on assumptions that come with inherent risks and uncertainties, particularly those tied to the economic, financial, regulatory, and social landscapes where the Bank operates. Some risks lie outside the Bank's control and could lead to outcomes that differ significantly from what's suggested in these statements. Potential factors causing such variances include changes in regulations, credit-related issues, fluctuations in markets (covering stocks, commodities, currency exchanges, and interest rates), liquidity challenges, operational hiccups, reputational concerns, insurance matters, strategic shifts, legal developments, environmental factors, and other unforeseen risks, whether known or not. Therefore, when evaluating the Bank for any decisions, readers are advised to conduct their own thorough analysis and not place excessive reliance on these forward-looking statements.
Bear in mind that any forward-looking statements in this press release reflect the management's perspective only as of today's date. They're designed to help the Bank's investors and analysts grasp the current financial standing, strategies, objectives, priorities, and expected performance for this period, and they might not suit other contexts. The Bank isn't obligated to revise any forward-looking statements, whether spoken or written, made at any point, unless compelled by relevant regulatory rules or laws.
PRESS RELEASE
Cairo, November 20, 2025: – The African Export-Import Bank (Afreximbank or simply the “Bank”) and its affiliated companies (collectively referred to as the “Group”) have achieved impressive results for the nine-month span ending September 30, 2025, demonstrating remarkable financial stability.
Throughout this timeframe, the Bank's total assets and potential liabilities climbed by 6.98% to reach US$42.9 billion, compared to US$40.1 billion at the close of December 2024 (FY’2024), illustrating a pattern of steady expansion.
Although net loans and advances stood at US$28.0 billion for the period (down from US$29.0 billion in FY 2024), this dip is mainly due to unexpected early repayments from borrowers who benefited from better cash flows and fortified currency positions thanks to rising commodity prices. The Bank's asset quality continues to hold up well, with a Non-Performing Loan (NPL) ratio of 2.51%—that's the percentage of loans that borrowers are struggling to pay back, a key indicator of financial health—versus 2.33% in FY2024.
The Bank's liquidity, or ability to quickly access cash for operations, stayed robust, with cash and equivalents soaring to US$7.6 billion from US$4.6 billion in FY2024. This boost came from clever fundraising efforts and those same early repayments. Consequently, liquid assets now make up 20% of total assets, up from 13% in FY2024, positioning the Group perfectly for upcoming lending activities.
Shareholders’ equity surged to US$7.7 billion by September 30, 2025, fueled by internal profits of US$654.3 million and fresh equity injections totaling US$224.9 million through the General Capital Increase II. This figure accounts for the US$350 million dividend taken from FY’2024 earnings.
Even with falling benchmark interest rates, gross income for the nine months to September 2025 hit US$2.4 billion, edging up from US$2.3 billion last year. Operating income also increased by 5.24% to US$1.44 billion, all while keeping expenses in check with a cost-to-income ratio of 21%—well under the target of 30%, meaning they're spending efficiently on every dollar earned.
As a direct result, net income rose from US$642.2 million in the first nine months of 2024 to US$654.3 million this year.
Key performance indicators for the Afreximbank Group are detailed below:
Financial Performance Metrics
9M’2025 | 9M’2024
---|---
Gross Income (US$ billion) | 2.4 | 2.3
Net Income (US$ million) | 654.3 | 642.2
Return on average equity (ROAE) | 12% | 13%
Return on average assets (ROAA) | 2.35% | 2.64%
Cost-to-income ratio | 21% | 17%
Financial Position Metrics
9M’2025 | 9M’2024
---|---
Total Assets (US$ billion) | 37.6 | 32.2
Total Liabilities (US$ billion) | 29.9 | 25.6
Shareholders’ Funds (US$ billion) | 7.7 | 6.6
Net asset value per share (US$) | 72,429 | 66,881
Non-performing loans ratio (NPL) | 2.51% | 2.42%
Cash/Total assets | 20% | 12%
Capital Adequacy ratio (Basel II) | 25% | 25%
Mr. Denys Denya, Afreximbank’s Senior Executive Vice President, remarked:
“In the face of ongoing global conflicts, economic unpredictability, and stringent funding environments, the Group has shown remarkable endurance by delivering a commendable performance for the nine months ending September 30, 2025, aligning with our anticipations. This durability, evident in our ample liquidity, solid capital reserves, and superior asset quality, highlights our capacity to maneuver through tough times. But here's where it gets controversial—some might argue that this resilience isn't just about survival; it's a potential game-changer for African trade, potentially sparking debates on whether such institutions are doing enough to challenge global inequalities. Beyond mere profits, this strength lays the groundwork for ramping up credit availability, fulfilling our mission, and fostering lasting value as outlined in our 6th Strategic Plan.”
-End-
About Afreximbank
The African Export-Import Bank (Afreximbank) stands as a continent-wide multilateral financial entity dedicated to funding and encouraging trade both within Africa and beyond its borders. With more than three decades of experience, the Bank has pioneered creative financial tools to reshape Africa's trade landscape, speeding up industrialization and regional commerce, which in turn drives broader economic growth. As a strong advocate for the African Continental Free Trade Agreement (AfCFTA), Afreximbank introduced the Pan-African Payment and Settlement System (PAPSS), now endorsed by the African Union (AU) as the go-to platform for AfCFTA transactions. In collaboration with the AfCFTA Secretariat and the AU, the Bank established a US$10 billion Adjustment Fund to help nations participate fully in the agreement—for instance, this fund could provide cushioning for countries dealing with trade imbalances, much like a safety net for economic transitions. By December 2024, Afreximbank's assets and contingencies exceeded US$40.1 billion, with shareholder equity at US$7.2 billion. The Bank boasts investment-grade credit ratings from agencies like GCR (A on an international scale), Moody’s (Baa2), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-), and Fitch (BBB-). Over time, Afreximbank has grown into a comprehensive group, encompassing the Bank itself, its equity impact fund arm known as the Fund for Export Development Africa (FEDA), and its insurance oversight subsidiary, AfrexInsure (collectively, “the Group”). Headquartered in Cairo, Egypt, the Bank is a beacon for African economic progress.
For more details, check out: www.afreximbank.com (https://www.afreximbank.com/)
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Media Contact:
Vincent Musumba
Communications and Events Manager (Media Relations)
Email: press@afreximbank.com
And this is the part most people miss—while Afreximbank's numbers look impressive, is their focus on African trade truly addressing global imbalances, or could it inadvertently perpetuate dependencies? Do you agree that their strategic plan will create sustainable value for all stakeholders, or do you see potential pitfalls in relying on geopolitical stability? Share your thoughts in the comments below—what's your take on the future of African banking?
