Investor Relations Portal

Disclosure, funding and financial information for investors, analysts and capital-market counterparties of Ghana Export-Import Bank.

1. Institutional Profile

Ghana Export-Import Bank, GEXIM, is a statutory development finance institution established under the Ghana Export-Import Bank Act, 2016, Act 911. The Bank supports the Government of Ghana’s export development and import-substitution objectives by providing financing, guarantees and related financial support to eligible businesses operating in Ghana’s productive and export-oriented sectors.

GEXIM’s activities are directed towards expanding Ghana’s export capacity, improving foreign-exchange earnings, supporting industrial development and reducing dependence on imported goods. The Bank operates within a governance, regulatory and risk-management framework designed to ensure that its resources are deployed in accordance with its statutory mandate.

GEXIM is a development finance institution rather than a conventional commercial bank, and its objectives, funding sources and performance measures should be understood in that context.

Institutional Overview

The Bank’s legal foundation, ownership, mandate and the financing products through which that mandate is delivered.

  • Establishment and legal status under Act 911
  • Government ownership and public policy mandate
  • Strategic objectives and priority sectors
  • Lending, guarantee and export-support products

Awaiting final text

Governance and Risk Management

The bodies that direct and oversee the Bank, and the framework through which risks arising from its activities are identified, measured and controlled.

  • Board composition, appointment and tenure
  • Executive management structure
  • Board and management committee structure
  • Enterprise risk-management framework
  • Credit, market, liquidity and operational risk governance
  • Internal audit and internal control

Regulatory and Legal Framework

The statutes, regulations and supervisory arrangements that govern the Bank’s operations, together with any material legal matters.

  • Ghana Export-Import Bank Act, 2016, Act 911
  • Applicable regulations, directives and supervisory arrangements
  • Statutory levy: legal basis and application
  • Licensing, approvals and consents
  • Material litigation and contingent liabilities

Awaiting final text

ESG and Sustainability

The Bank’s approach to environmental, social and governance considerations in its lending, operations and reporting.

  • ESG policy and governance of ESG matters
  • Environmental and social risk screening in lending
  • Development and social impact of financed activities
  • Sustainability reporting and disclosures

Investor Relations Contact Information

The point of contact for investors, analysts, rating agencies and capital-market counterparties.

  • Investor Relations contact name and title
  • Email address and direct telephone line
  • Registered office address
  • Media and general enquiries routing

2. Investment and Credit Overview

GEXIM’s credit profile is supported by its statutory mandate, Government ownership, recurring statutory levy receipts and its role in financing Ghana’s export development and import-substitution agenda. The Bank’s creditworthiness should be assessed with reference to the legal framework governing its operations, the stability and application of its levy receipts, the quality and performance of its loan portfolio, its capital position, liquidity, indebtedness and debt-service arrangements.

This section summarises the principal factors supporting GEXIM’s credit profile, together with the material risks, structural protections and mitigants relevant to investors.

Important information for investors

Government ownership, statutory revenue support and contractual undertakings are distinct from an explicit Government guarantee. Government ownership of GEXIM is not, and should not be read as, a guarantee of the Bank’s obligations. Where a guarantee has been formally provided in respect of a specific obligation, that guarantee and its terms are disclosed with the relevant instrument.

Investment Highlights

Five to seven principal highlights will be presented here, each supported by the underlying disclosure. The factors below are the basis on which those highlights are drawn.

  • Government ownership and strategic importance
  • Statutory mandate and legal framework
  • Import levy receipts and historical collection performance
  • Capitalisation and liquidity
  • Loan portfolio composition and asset quality
  • Profitability and operating performance
  • Debt-service capacity
  • Credit enhancements and structural protections
  • Material credit risks and mitigants

The highlights and their supporting disclosure are being prepared for publication.

Credit Ratings

Current ratings assigned to the Bank and to its rated instruments, together with outlooks and the most recent rating actions. Ratings are opinions of the assigning agency, are not a recommendation to buy, sell or hold any security, and may be revised or withdrawn at any time.

Rating agencyEntity or instrumentRatingOutlookDate of actionReport
To be confirmedTo be confirmedTo be confirmedTo be confirmedTo be confirmedTo be published

3. Funding and Capital Markets

GEXIM accesses domestic and international funding to supplement its capital and statutory resources, diversify its funding base and support eligible lending and investment activities under its mandate. Its funding strategy seeks to match the maturity and currency profile of its liabilities with the financing requirements and cash-flow characteristics of its underlying assets.

This section provides information on GEXIM’s funding programmes, outstanding borrowings, capital markets transactions and the principal terms applicable to its debt obligations.

Funding Programmes and Capital Markets Activities

The Bank’s debt issuance programme, its bilateral and syndicated facilities, and the terms, protections and transaction parties applicable to them.

  • Multi-Instrument Debt Issuance Programme
  • Approved programme size and programme life
  • Eligible instruments, currencies and maturities
  • Issued and outstanding securities
  • Bilateral and syndicated facilities
  • Use of proceeds
  • Repayment sources
  • Security and credit-enhancement arrangements
  • Covenants and account structures
  • Hedging and currency-risk arrangements
  • Prospectuses, supplements and pricing notices
  • Trustees, arrangers, registrars and other transaction parties

Programme documentation and transaction details are being prepared for publication.

Outstanding Debt

A current summary of the Bank’s instruments and facilities. Amounts are stated in the currency of the obligation.

Instrument or facilityCurrencyOriginal amountAmount outstandingInterest rateRepayment profileMaturitySecurityStatus
To be confirmedTo be confirmedTo be confirmedTo be confirmedTo be confirmedTo be confirmedTo be confirmedTo be confirmedTo be confirmed

This table will be updated as at each reporting date once the underlying data is approved for publication.

Investor Presentations

Presentation materials prepared for investors, rating agencies and capital-market counterparties, published with the date on which each was delivered.

  • Programme and transaction presentations
  • Results and performance presentations
  • Roadshow materials
  • Archived presentations by date

4. Financial Information

This section provides financial information to assist investors in assessing GEXIM’s operating performance, financial position, asset quality, funding profile, liquidity and capacity to service its obligations. The financial information should be read together with the applicable accounting policies, notes to the financial statements and independent auditor’s reports.

As a development finance institution, GEXIM’s performance should be assessed using both conventional financial measures and indicators relating to the quality, developmental impact and recoverability of its lending portfolio.

Annual and Interim Financial Statements

Audited annual financial statements, interim financial statements and annual reports, each published with its reporting period and the date of the auditor’s report.

  • Audited annual financial statements
  • Interim financial statements
  • Annual reports
  • Approved financial highlights
  • Auditor’s reports and qualifications
  • Material accounting-policy changes or restatements

Financial Performance Reports

A five-year summary of the Bank’s results and position. Where a ratio is presented, its definition and calculation basis is stated alongside it.

MeasureYear 5Year 4Year 3Year 2Year 1Definition or basis
Interest and operating incomeTo be publishedTo be publishedTo be publishedTo be publishedTo be publishedTo be stated
Operating expensesTo be publishedTo be publishedTo be publishedTo be publishedTo be publishedTo be stated
Impairment chargesTo be publishedTo be publishedTo be publishedTo be publishedTo be publishedTo be stated
Profit or lossTo be publishedTo be publishedTo be publishedTo be publishedTo be publishedTo be stated
Total assetsTo be publishedTo be publishedTo be publishedTo be publishedTo be publishedTo be stated
Gross and net loansTo be publishedTo be publishedTo be publishedTo be publishedTo be publishedTo be stated
Non-performing loan ratioTo be publishedTo be publishedTo be publishedTo be publishedTo be publishedTo be stated
Cash and liquid assetsTo be publishedTo be publishedTo be publishedTo be publishedTo be publishedTo be stated
Statutory levy receiptsTo be publishedTo be publishedTo be publishedTo be publishedTo be publishedTo be stated
Total borrowingsTo be publishedTo be publishedTo be publishedTo be publishedTo be publishedTo be stated
Equity and capitalisationTo be publishedTo be publishedTo be publishedTo be publishedTo be publishedTo be stated
Debt-to-equity and debt-to-EBITDATo be publishedTo be publishedTo be publishedTo be publishedTo be publishedTo be stated
Interest cover and debt-service coverageTo be publishedTo be publishedTo be publishedTo be publishedTo be publishedTo be stated

Reporting periods and figures will replace the column headings and cells above once approved for publication.

Treasury and Levy Information

The Bank’s statutory levy receipts and its treasury position, being the principal sources from which lending is funded and obligations are serviced.

  • Statutory levy receipts and historical collection performance
  • Application of levy receipts
  • Cash and liquid asset holdings
  • Capital adequacy and liquidity measures
  • Cash-flow and debt-service information
  • Borrowings and debt maturity profile

Awaiting final text

Other Financial Disclosures

Portfolio and counterparty disclosures supporting an assessment of asset quality and of the Bank’s relationship with Government-linked counterparties.

  • Loan portfolio composition
  • Non-performing loans and impairment allowances
  • Related-party and Government-linked balances
  • Sector and counterparty concentration
  • Currency composition of assets and liabilities

Awaiting final text

5. Investor News and Events

GEXIM is committed to providing investors and capital-market stakeholders with timely, consistent and accessible information concerning its financial performance, funding activities and material institutional developments.

This section contains regulatory announcements, transaction notices, financial reporting dates, rating actions and details of scheduled investor engagements.

News and Regulatory Announcements

Formal announcements, each dated and classified by subject so that it can be located and cited. Material developments are disclosed through announcements published here.

  • Financial-results announcements
  • New issuance and programme updates
  • Coupon and principal-payment notices
  • Redemption and maturity notices
  • Credit-rating actions
  • Regulatory filings and approvals
  • Changes affecting GEXIM’s mandate or statutory levy
  • Material governance and management changes
DateSubjectAnnouncementDocument
To be publishedTo be publishedTo be publishedTo be published

Investor Calendar and Events

Scheduled reporting dates and investor engagements for the current year, with materials archived after each event.

  • Annual investor calendar
  • Financial reporting dates
  • Results briefings and investor calls
  • Investor presentations and roadshows
  • Archived announcements and presentation materials
DateEventTypeMaterials
To be publishedTo be publishedTo be publishedTo be published

The calendar for the current financial year is being prepared for publication.