Page 37 - RB GRENADA ANNUAL REPORT 2025_ONLINE

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Credit loss expense on financial assets
Fiscal 2025 recorded a significant increase in credit loss expense on financial assets, negatively impacting the Bank’s overall
performance. An increase of $29.26 million was recorded, mainly due to credit loss expense on two corporate facilities.

Statement of financial position review

As at September 30, 2025, total assets increased by $166.71 million to $2.39 billion from $2.22 billion in 2024. The increase in total
assets is primarily reflected in investments and loans, which increased by $109.87 million and $71.34 million, respectively.

Composition of assets ($M)

1,181.4
1,200.0
1,110.0
1,000.0

800.00
600.00 496.3
484.1
509.4
400.00
374.2
200.00 109.8 68.6 72.3
45.0 44.9
0 107.7
Loans Statutory Investments Premises Liquid Other
deposits with and assets assets 2024 2025
Central Bank equipment

Loans Performing loans and advances ($M)

During the fiscal, the performing loans portfolio increased
by $59.93 million or 5.56 percent, to end the year at $1,137.51 1,200.0 1,077.59 1,137.51
million from $1,077.59 million in 2024. Mortgages accounted 983.01
1,000.0 893.66
for $49.89 million or 83.26 percent of the increase, while the 850.41
retail and corporate/commercial portfolios increased by $9.46 800.00
and $3.32 million, respectively.
600.00
400.00

200.00

0
77.86 NET INTEREST INCOME ($M) 2021 2022 2023 2024 2025

33.73 OTHER INCOME ($M)