Afreximbank delivers strong first quarter 2024 results, surpassing prior year’s performance and in line with expectations

FORWARD-LOOKING STATEMENTS

The Afreximbank Group (the “Bank” or “Group”) makes written and/or oral forward-looking statements, as shown in this release and other communications, from time to time. Likewise, officers of the Bank may make forward-looking statements either in writing or during verbal conversations with investors, analysts, the media, and other members of the investment community. Statements regarding the Bank’s strategies, objectives, priorities, and anticipated financial performance for the period constitute forward-looking statements. They are often described with words like “should”, “would”, “may”, “could”, “expect”, “anticipate”, “estimate”, “project”, “intend”, and “believe”.

By their very nature, these statements require the Bank to make assumptions subject to risks and uncertainties, especially uncertainties related to the financial, economic, regulatory, and social environment within which the Bank operates. Some of these risks are beyond the control of the Bank and may result in materially different results from the expectations inferred from the forward-looking statements. Risk factors that could cause such differences include regulatory pronouncements, credit, market (including equity, commodity, foreign exchange, and interest rate), liquidity, operational, reputational, insurance, strategic, legal, environmental, and other known and unknown risks. As a result, when making decisions with respect to the Bank, we recommend that readers apply further assessment and should not unduly rely on the Bank’s forward-looking statements.

Any forward-looking statement contained in this presentation represents the views of management only as of the date hereof. They are presented to assist the Bank’s investors and analysts to understand the Bank’s financial position, strategies, objectives, priorities, and anticipated financial performance in relation to the current period, and, as such, may not be appropriate for other purposes. The Bank does not undertake to update any forward-looking statement, whether written or verbal, that may be made from time to time by it or on its behalf, except as required under applicable relevant regulatory provisions or requirements. 

Press Release

Afreximbank delivers strong first quarter 2024 results, surpassing prior year’s performance and in line with expectations

Cairo, 17 May 2024: – African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its subsidiaries for the three months ended 31 March 2024.

The Group’s results for the period demonstrates yet again great resilience in the face of challenging geopolitical and macro-economic conditions. The results show year-on-year growth and an increase in shareholder value...Read more on Afreximbank

Source: Afreximbank