August 24, 2026
By Udeme Akpan
The African Export-Import Bank (Afreximbank) recorded a 30 per cent increase in net income to $534.7 million in the first half of 2026, as stronger lending boosted earnings while the bank’s asset quality improved.
Net income rose from $412.7 million in the first half of 2025, while net interest income increased 22 per cent to $1 billion. Net loans and advances also grew 5.7 per cent to $35.4 billion, from $33.5 billion at the end of 2025.
The bank’s total assets and contingencies increased 7.8 per cent to $52.3 billion, while its non-performing loan ratio improved to 2.20 per cent, from 2.43 per cent at year-end 2025.
