Kenya's banking industry registered a substantial improvement in return to equity in 2022. ROE increased to 26.3 percent, up from 22 percent in the previous year, which indicated that Kenyan banks were making less profit. ROE is calculated by dividing net income by shareholder equity and shows how efficiently assets are used to generate profit.
Return on equity (ROE) in the banking sector in Kenya from 2015 to 2022
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Central Bank of Kenya. (May 15, 2023). Return on equity (ROE) in the banking sector in Kenya from 2015 to 2022 [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/1231518/return-on-equity-in-the-banking-sector-in-kenya/
Central Bank of Kenya. "Return on equity (ROE) in the banking sector in Kenya from 2015 to 2022." Chart. May 15, 2023. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/1231518/return-on-equity-in-the-banking-sector-in-kenya/
Central Bank of Kenya. (2023). Return on equity (ROE) in the banking sector in Kenya from 2015 to 2022. Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/1231518/return-on-equity-in-the-banking-sector-in-kenya/
Central Bank of Kenya. "Return on Equity (Roe) in The Banking Sector in Kenya from 2015 to 2022." Statista, Statista Inc., 15 May 2023, https://www.statista.com/statistics/1231518/return-on-equity-in-the-banking-sector-in-kenya/
Central Bank of Kenya, Return on equity (ROE) in the banking sector in Kenya from 2015 to 2022 Statista, https://www.statista.com/statistics/1231518/return-on-equity-in-the-banking-sector-in-kenya/ (last visited November 12, 2024)
Return on equity (ROE) in the banking sector in Kenya from 2015 to 2022 [Graph], Central Bank of Kenya, May 15, 2023. [Online]. Available: https://www.statista.com/statistics/1231518/return-on-equity-in-the-banking-sector-in-kenya/