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Financial Information

CONSOLIDATED INCOME STATEMENT AS OF 31-DEC-2025

2025 US$(IFRS)2024 US$(IFRS)
Interest income99,903,58794,529,955
Interest expense(34,011,747)(37,476,160)
NET INTEREST INCOME65,891,84057,053,795
Fees and commission income4,179,4573,929,098
Fees and commission expense(1,653,408)(1,246,041)
NET FEE AND COMMISSION INCOME2,526,0492,683,057
Impairment losses on financial assets(2,351,176)(3,948,373)
Other (losses)/gains – net244,392913,231
Other operating income36,87681,197
Personnel expenses(10,169,373)(8,520,271)
Depreciation and amortization(5,239,619)(5,780,741)
Other operating expenses(7,705,093)(6,842,694)
PROFIT BEFORE INCOME TAX43,233,89635,639,201
Income tax expense(8,887,749)(7,483,115)
NET PROFIT OF THE YEAR34,346,14728,156,086

CONSOLIDATED BALANCE SHEET AS OF 31-DEC-2025

ASSETS2025 US$ (IFRS)2024 US$ (IFRS)
Cash and hand30,328,60632,372,841
Balance with the NBC96,818,63693,853,754
Balance with other banks and finance institutions71,696,72971,263,865
Loans to customers1,060,883,093946,442,394
Property and equipment13,992,13813,383,563
Intangible assets3,021,4542,681,378
Right-of-use assets8,686,4229,279,756
Other assets7,887,5807,049,389
TOTAL ASSETS1,293,314,6581,176,326,940

LIABILITIES AND EQUITY

LIABILITIES2025 US$ (IFRS)2024 US$ (IFRS)
Deposits from other financial institutions270,154,371237,292,889
Deposits from customers694,022,264643,041,512
Current income tax liabilities3,599,0794,536,399
Lease liabilities9,637,88510,419,201
Other liabilities2,944,1092,232,495
Deferred tax liabilities13,110,6768,758,319
Borrowings1,346,1011,871,607
Subordinated debts16,003,25220,023,744
TOTAL LIABILITIES1,010,817,737928,176,166
EQUITY2025 US$ (IFRS)2024 US$ (IFRS)
Share capital114,000,000114,000,000
Regulatory reserves83,071,18260,436,852
Retained earnings85,425,73973,713,922
TOTAL EQUITY282,496,921248,150,774
TOTAL LIABILITIES AND EQUITY1,293,314,6581,176,326,940

PROFIT AFTER TAX(USD 000)
GROSS INCOME(USD 000)
TOTAL ASSET (USD 000)
SHAREHOLDER’S EQUITY (USD 000)
LOAN OUTSTANDING (USD 000)
TOTAL DEPOSITS (USD 000)
PIPELINE OF TOTAL ASSETS AS OF DECEMBER-2025| US$ 982 MILLION (C-IFRS)
TOTAL LIABILITIES AND EQUITY DEC-2025 (SHAREHOLDERS EQUITY US$ 196 MILLION / PAID UP CAPITAL US$ 114 MILLION) (C-IFRS)