Economy

MBABANE – The Central Bank of Eswatini (CBE) has reported a notable expansion in its balance sheet, reflecting strengthened financial performance and strategic engagement with the domestic economy.

According to the latest financial statements, the bank’s total assets increased to E16.879 billion as at September 30, 2025, from E15.034 billion recorded at the end of the previous fiscal year – representing a robust 12.27 per cent growth within a year.

The expansion in total assets, amounting to E1.845 billion, was underpinned by growth in several key asset categories.

Claims on Eswatini Government stood at E3.001 billion in September 2025, compared to E3.170 billion in September 2024, reflecting a decline of E169 million.

Claims on the Private Sector rose to E78.923 million in 2025 from E68.060 million the previous year — a growth of E10.9 million, signalling increased private sector engagement by the central bank.

Property, Plant and Equipment also recorded a notable rise from E441.7 million to E587.8 million, an increase of about E146 million.

These changes collectively shows the CBE’s continued investment in infrastructure and domestic credit support mechanisms, despite moderate adjustments in government-related assets.

Analysts suggest that this particular growth in fixed assets may be partly attributable to the ongoing construction of the Central Bank’s new headquarters in Ezulwini.

The state-of-the-art facility, once completed, is expected to consolidate CBE operations under one roof, enhance institutional efficiency and serve as a landmark investment symbolising the bank’s confidence in Eswatini’s long-term economic outlook.

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CBE 2025 balance sheet expansion.