As of March 2024, the return on average equity (ROE) of the Egyptian banking industry was 32.2 percent. This was the highest reported ROE in the observed period. On the other hand, 2020 registered the lowest ROE at almost 15 percent.
Return on average equity of the banking industry in Egypt from 2018 to 2024
Return on equity refers to the share of profit in relation to the value of equity. Thus, it is calculated by dividing net income by total equity.Â
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. (July 5, 2024). Return on average equity of the banking industry in Egypt from 2018 to 2024 [Graph]. In Statista. Retrieved November 08, 2024, from https://www.statista.com/statistics/1375242/banks-return-on-equity-egypt/
Central Bank of Egypt. "Return on average equity of the banking industry in Egypt from 2018 to 2024." Chart. July 5, 2024. Statista. Accessed November 08, 2024. https://www.statista.com/statistics/1375242/banks-return-on-equity-egypt/
Central Bank of Egypt. (2024). Return on average equity of the banking industry in Egypt from 2018 to 2024. Statista. Statista Inc.. Accessed: November 08, 2024. https://www.statista.com/statistics/1375242/banks-return-on-equity-egypt/
Central Bank of Egypt. "Return on Average Equity of The Banking Industry in Egypt from 2018 to 2024." Statista, Statista Inc., 5 Jul 2024, https://www.statista.com/statistics/1375242/banks-return-on-equity-egypt/
Central Bank of Egypt, Return on average equity of the banking industry in Egypt from 2018 to 2024 Statista, https://www.statista.com/statistics/1375242/banks-return-on-equity-egypt/ (last visited November 08, 2024)
Return on average equity of the banking industry in Egypt from 2018 to 2024 [Graph], Central Bank of Egypt, July 5, 2024. [Online]. Available: https://www.statista.com/statistics/1375242/banks-return-on-equity-egypt/
