Demerara Bank records $8.41 billion profit

Demerara Bank Limited reported an 80.5 per cent rise in profit after taxation to $8.41 billion for the financial year ended September 30, 2025, Chairman Komal Samaroo said on Thursday.

Profit before taxation increased 56.6 per cent to $11.07 billion. Deposits grew 19.2 per cent to $208.15 billion, while loans and advances rose 32.1 per cent to $126.66 billion. The bank accounted for 45 per cent of total loan growth in Guyana’s banking sector and maintained zero non-performing loans.

Samaroo noted that the results come amid global economic uncertainty, supported by Guyana’s expanding economy, including oil and gas, agriculture, manufacturing, tourism, and construction sectors.

The board proposed a final dividend of $3.20 per share, bringing total dividends for the year to $4.00, up from $3.00 last year.

Samaroo thanked customers, shareholders, partners, and staff, highlighting the bank’s focus on innovation, sustainable growth, and long-term value creation.