Return on equity of top banks in Egypt 2022
Return on equity (ROE) is an important financial measure and shows net income returned as a percentage of shareholder equity. It is calculated by dividing net income by total shareholder's equity. As of December 2022, Abu Dhabi Islamic Bank Egypt registered an ROE of 33 percent. This was the highest among the leading Egyptian banks. Crédit Agricole Egypt and Commercial International Bank (CIB) followed, with 32 and 31 percent, respectively.