Tanzania's banking industry registered a marginally increase in return on equity (ROE) in December 2019. The indicator was measured at 8.1 percent, up from 7.8 percent in September 2019. The change meant Tanzanian banks were slightly making more profit. In comparison to December 2018, ROE registered a huge increment. That month, the indicator was calculated at 3.8 percent. Return on equity is measured by dividing net income by shareholder equity and indicates how efficiently assets are being used to generate profit.
Return on equity (ROE) of the banking industry in Tanzania from 2017 to 2019
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Bank of Tanzania. (July 23, 2020). Return on equity (ROE) of the banking industry in Tanzania from 2017 to 2019 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1245956/return-on-equity-of-the-banking-industry-in-tanzania/
Bank of Tanzania. "Return on equity (ROE) of the banking industry in Tanzania from 2017 to 2019." Chart. July 23, 2020. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1245956/return-on-equity-of-the-banking-industry-in-tanzania/
Bank of Tanzania. (2020). Return on equity (ROE) of the banking industry in Tanzania from 2017 to 2019. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1245956/return-on-equity-of-the-banking-industry-in-tanzania/
Bank of Tanzania. "Return on Equity (Roe) of The Banking Industry in Tanzania from 2017 to 2019." Statista, Statista Inc., 23 Jul 2020, https://www.statista.com/statistics/1245956/return-on-equity-of-the-banking-industry-in-tanzania/
Bank of Tanzania, Return on equity (ROE) of the banking industry in Tanzania from 2017 to 2019 Statista, https://www.statista.com/statistics/1245956/return-on-equity-of-the-banking-industry-in-tanzania/ (last visited December 19, 2024)
Return on equity (ROE) of the banking industry in Tanzania from 2017 to 2019 [Graph], Bank of Tanzania, July 23, 2020. [Online]. Available: https://www.statista.com/statistics/1245956/return-on-equity-of-the-banking-industry-in-tanzania/
