ECCB 2025-2026 Annual Report

EASTERN CARIBBEAN CENTRAL BANK ANNUAL REPORT 2025 - 2026

Financial Results

Net interest income rose by $14.7 million to $216.6 million for the year ended 31 March 2026. The increase reflected higher income from foreign investment debt securities, which rose by $18.8 million as the portfolio's average yield increased. Interest income from participating governments' advances also increased $1.9 million. These increases were partly offset by a $3.3 million fall in income from money market instruments and money at call. Moreover, interest expense rose by $2.4 million, reflecting higher average balances on interest-bearing liabilities.

Chart 5 Profit/Loss ($ Millions)

126.2

121.6

80.2

Chart 7 Operating Expenses ($ Millions)

(49.1)

(54.5)

FY2022 FY2026 Operating income amounted to $236.4 million, an increase of $14.8 million (6.7 per cent) year on year. Net interest income, which rose by $14.7 million, accounted for the majority of this growth, reflecting improved yields on the Bank’s foreign reserve assets. FY2023 FY2024 FY2025

117.4

97.8

97.7

83.6

81.1

Chart 6 Operating Income ($ Millions)

216.6

201.8

155.2

88.4

FY2022

FY2023

FY2024

FY2025

FY2026

Operating expenses for the year ended 31 March 2026 totalled $117.4 million, an increase of $19.6 million (20.1 per cent) from $97.7 million in the previous year. The increase arose principally from a $7.4 million reduction in impairment recoveries on financial assets, together with higher administration and general expenses ($7.6 million), salaries, pensions and other staff benefits ($2.7 million), and depreciation expense ($1.2 million).

40.3

20.9

19.8

19.8

(10.9)

(60.1)

FY2022

FY2023

FY2024

FY2025

FY2026

Non-Interest Income Net Interest Income

60