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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McKinsey & Company. (December 6, 2022). Percentage change in the average return on equity (ROE) of banks in selected African countries between 2016 and 2021 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1350918/change-in-banking-return-on-equity-in-africa-2021-by-country/
McKinsey & Company. "Percentage change in the average return on equity (ROE) of banks in selected African countries between 2016 and 2021." Chart. December 6, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1350918/change-in-banking-return-on-equity-in-africa-2021-by-country/
McKinsey & Company. (2022). Percentage change in the average return on equity (ROE) of banks in selected African countries between 2016 and 2021. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1350918/change-in-banking-return-on-equity-in-africa-2021-by-country/
McKinsey & Company. "Percentage Change in The Average Return on Equity (Roe) of Banks in Selected African Countries between 2016 and 2021." Statista, Statista Inc., 6 Dec 2022, https://www.statista.com/statistics/1350918/change-in-banking-return-on-equity-in-africa-2021-by-country/
McKinsey & Company, Percentage change in the average return on equity (ROE) of banks in selected African countries between 2016 and 2021 Statista, https://www.statista.com/statistics/1350918/change-in-banking-return-on-equity-in-africa-2021-by-country/ (last visited November 21, 2024)
Percentage change in the average return on equity (ROE) of banks in selected African countries between 2016 and 2021 [Graph], McKinsey & Company, December 6, 2022. [Online]. Available: https://www.statista.com/statistics/1350918/change-in-banking-return-on-equity-in-africa-2021-by-country/