This document is the unaudited financial statement of the Caribbean Development Bank as of March 31, 2026.
Financial Position and Asset Overview
The Caribbean Development Bank's unaudited financial position as of March 31, 2026, reflects stable assets and liabilities with minor fluctuations.
Equity Changes and Reserves
The Bank's equity experienced a slight increase driven by net income and other comprehensive income, maintaining a strong capital base.
Income and Comprehensive Income
The Bank's income reflects lower interest income and volatile fair value adjustments, impacting overall profitability.
Cash Flows and Liquidity
The Bank's cash flow statement shows a net decrease in cash and cash equivalents, mainly due to operating activities.
Loan Portfolio and Credit Risk
The Bank's loan portfolio and investment securities are diversified across member countries and external entities, with detailed classifications and provisions.
Borrowings and Debt Management
The Bank's borrowings are diversified across currencies and maturity profiles, with total borrowings of $1,127,262K.
Key Accounting Policies and Standards
The Bank's financial statements are prepared under IAS 34, with policies aligned to IFRS 9 and IFRS 7.
Credit Losses and Risk Management Overview
The document details the bank's approach to credit loss provisioning, risk management policies, loan classifications, and financial position as of March 31, 2026.
Loan Loss Provisioning and Expected Credit Losses
The bank records allowances for expected credit losses (ECL) on all non-FVPL financial assets, including loans, commitments, and guarantees, based on LTECL or 12mECL depending on credit risk changes.
Loan Portfolio and Country Distribution
The bank’s loan portfolio as of March 31, 2026, is distributed across various Caribbean countries, with the largest interest income from the Bahamas ($2,623K), Guyana ($2,439K), and Barbados ($1,805K).
Financial Position and Asset Composition
As of March 31, 2026, the bank’s assets include loans, cash, investments, receivables, and guarantees, totaling about US$1.03 billion.
