ECCB 2025-2026 Annual Report

EASTERN CARIBBEAN CENTRAL BANK ANNUAL REPORT 2025 - 2026

Financial Results

The decline in impairment recoveries reflected a significantly lower recovery on impaired receivables during the year. Administrative and general expenses increased primarily due to higher services costs, including expenditure on information technology systems upgrades and software support and maintenance contracts. Salaries, pensions and other staff benefits rose mainly as a result of the hiring of new staff during the year. The Bank delivered another year of solid financial performance, supported by continued balance sheet growth and higher earnings from its foreign reserve assets. Although profit for the year declined as impairment recoveries moderated and operating expenses increased, improved yields on reserve assets contributed to higher operating income and net interest income. The Bank remained well positioned to support its policy objectives and continued to advance its strategic initiatives in support of its long-term priorities.

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