As of December 2021, the return on average assets (ROA) of the Egyptian banking industry's reached 1.2 percent. This was lower compared to the 1.8 percent achieved in 2019. Return on asset (ROA) is used to assess profitability in relation to assets.
Return on average assets of the banking industry in Egypt from 2018 to 2022
Characteristic
Return on assets
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Return on asset refers to the share of profit in relation to the value of assets. Thus, it is calculated by dividing net income by total assets.
The source indicates that for 2018, 2019, 2020, and 2021 the fiscal year ends on June 30 for banks owned publicly, while for private banks was on December 31.
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Central Bank of Egypt. (February 5, 2023). Return on average assets of the banking industry in Egypt from 2018 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1374102/banks-return-on-asset-egypt/
Central Bank of Egypt. "Return on average assets of the banking industry in Egypt from 2018 to 2022." Chart. February 5, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1374102/banks-return-on-asset-egypt/
Central Bank of Egypt. (2023). Return on average assets of the banking industry in Egypt from 2018 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1374102/banks-return-on-asset-egypt/
Central Bank of Egypt. "Return on Average Assets of The Banking Industry in Egypt from 2018 to 2022." Statista, Statista Inc., 5 Feb 2023, https://www.statista.com/statistics/1374102/banks-return-on-asset-egypt/
Central Bank of Egypt, Return on average assets of the banking industry in Egypt from 2018 to 2022 Statista, https://www.statista.com/statistics/1374102/banks-return-on-asset-egypt/ (last visited July 22, 2024)
Return on average assets of the banking industry in Egypt from 2018 to 2022 [Graph], Central Bank of Egypt, February 5, 2023. [Online]. Available: https://www.statista.com/statistics/1374102/banks-return-on-asset-egypt/