Change in banking return on equity (ROE) in Africa 2021, by country

Published by
Saifaddin Galal,
Apr 28, 2023
In 2021, the return on equity (ROE) of Egyptian banks declined by 9.5 percent compared to 2016. Egypt's financial institutions recorded the sharpest decline in ROE among the selected African countries. In contrast, Nigeria's ROE experienced the highest growth rate, rising by 3.6 percent between 2016 and 2021.

Percentage change in the average return on equity (ROE) of banks in selected African countries between 2016 and 2021

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Release date

December 2022

Region

Africa

Survey time period

2016 to 2021

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3

Major banks

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Key indicators

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Deposits

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Financial inclusion

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Online banking and fintech

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