Page 35 - RB GRENADA ANNUAL REPORT 2025_ONLINE

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Interest income on Liquid assets increased by $1.44 million Interest income ($M)
or 18.04 percent as strategies were employed to intentionally
maximise income from excess funds.
100.00
91.19 98.88
Interest income on Loans and Advances increased by $1.49 74.69
75.00
million or 2.17 percent. While the performing portfolio increased 63.91
by $59.93 million or 5.56 percent, the non-performing portfolio 62.13
increased by $38.01 million or 77.57 percent, negatively 50.00
impacting income. Average yield on the portfolio decreased
to 6.36 percent from 6.58 percent last fiscal, undermining
25.00
growth in Interest income.
0
2021 2022 2023 2024 2025

Interest expense

Interest expense increased by $0.56 million or 2.75 percent, mainly due to the $64.08 million or 3.64 percent increase in customer
deposits. Growth was concentrated mainly in demand deposits assisting with containing Interest expense.

Net interest income increased by $7.12 million to $77.86 million during the fiscal. This was mainly due to the $7.68 million increase
in Interest income, which far surpassed the $0.56 million increase in Interest expense.

Interest expense ($M) Net interest income ($M)

77.86
25.00 80.00 70.74
20.45 21.02
19.39
20.00 18.35 19.05 55.16
60.00
44.86
15.00 43.78
40.00
10.00
20.00
5.00

0 0
2021 2022 2023 2024 2025 2021 2022 2023 2024 2025

4.96 TOTAL TAXATION ($M)

260.19 TOTAL EQUITY ($M)