Return on equity of top banks in Egypt 2024

Published by
Saifaddin Galal,
Nov 6, 2024

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 2023, HSBC Bank Egypt registered an ROE of 61percent. This was the highest among the leading Egyptian banks. Housing and Development Bank and Crédit Agricole Egypt followed, with 57 and 55 percent, respectively.

Return on equity of leading Egyptian banks as of 2024

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Release date

2024

Region

Africa, Egypt

Survey time period

December 2023

Supplementary notes

* As of December 2022. 

Leading banks selected based on capital.

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