Share

Afreximbank Posts 30% H1 Profit Growth; Retains AAA Rating

The African Export-Import Bank (Afreximbank) has reported a 30% surge in net income to $534.7 million for the first half of 2026, up from $412.7 million in the same period last year. The growth was driven by a 22% increase in net interest income and an expansion in lending, with net loans and advances rising to $35.4 billion. Asset quality improved, with the non-performing loan ratio dropping to 2.20%. Concurrently, China Chengxin International Credit Rating (CCXI) has reaffirmed the bank’s AAA credit rating with a stable outlook, citing its strategic positioning and sound liquidity management.

Share

guest
0 Comments
Oldest
Newest Most Voted

Reach us.

Have a question, idea or inquiry? We’d love to hear from you.

0
Would love your thoughts, please comment.x
()
x