ECCB 2025-2026 Annual Report

Eastern Caribbean Central Bank Notes to the Financial Statements For the year ended 31 March 2026 (Expressed in Eastern Caribbean dollars)

26. Net interest income (continued)

2026 $

2025 $

Interest expense Demand liabilities: domestic and foreign

11,716,503 222,575 11,939,078

9,338,632 189,127 9,527,759

Lease liabilities

Net interest income

216,572,881

201,824,266

27. Other income

2026 $

2025 $

3,600,000 322,800 245,753 220,015 86,777 29,335

Income from banking licence fees and penalties

3,349,945 322,800 226,259 517,266 50,981 10,068

Rental income

Pension fund administrative and management fees Gain on disposal of property and equipment Gain on lease modification Income from reserve management Loss on foreign exchange Other income

-

3,563

(865,954)

(928,301)

Total other income

3,638,726

3,552,581

Rental income results from rental of office space to associates and affiliate institutions, namely, ECHMB, ECSE and ECPCGC, which are covered by leasehold rental contracts.

28. Salaries, pensions and other staff benefits

2026 $

2025 $

45,853,574 2,722,000 567,729 1,383,636

43,227,664 1,912,000 1,393,731 1,293,043

Salaries, wages and other benefits

Pension (note 22) Vacation leave Social security

3,711

7,135

Prepaid employee benefit

Total salaries, pensions and other staff benefits

50,530,650

47,833,573

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