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Afreximbank grosses $343m in half year

The African Export-Import Bank (Afreximbank) has released its unaudited financial statements for the half-year ended June 30, 2018, showing gross revenue of $343 million. The…

The African Export-Import Bank (Afreximbank) has released its unaudited financial statements for the half-year ended June 30, 2018, showing gross revenue of $343 million.

The figure represents a $21m increase over the gross revenue for the same period in 2017.

A statement from the bank attributed “the higher gross revenue to a significant increase in fee income by 119 per cent, while interest and similar income recorded a two per cent growth compared to prior year’s performance.”

 

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