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Azerbaijanâ€™s banking system sees ROA drop

Azerbaijanâ€™s banking system sees ROA drop

09 November 2009 15:27 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. Return on Assets (ROA) stood at 2.9% for in Azerbaijanâ€™s banking sector, said the Central Bank of Azerbaijan.

The figure was 0.1 percentage points higher from a year ago and 0.7 percentage points from the 2008 yearend figure. However, the ROA ratio dropped 0.2 percentage points from the end of the second quarter.

This gives us the ratio to find how much a bank derives from each amount of assets they control. This also displays how a bank is managed.

That is to say, banks derive 2.9 kopecks from each manat of assets.
By world practice, ROA is satisfactory in Azerbaijanâ€™s banking sector.

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