Bank Of Baku

Azerbaijan’s banking sector sees low ROA and ROE

Azerbaijan’s banking sector sees low ROA and ROE
# 29 October 2008 15:23 (UTC +04:00)
Bakı. Vahab Rzayev – APA-Economics. As of October 1, Return on Assets (ROA) ratio declined 0.3 points to 2.8 in Azerbaijan’s banking sector, said the National bank of Azerbaijan.
This figure 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.
Besides, Return on Equity (ROE) ratio fell 0.7 points, year-over-year, to 21.6.
ROE measures a bank’s efficiency at generating profits from every manat (national currency) of net assets (assets minus liabilities), and shows how well a company uses investment funds to generate earnings growth.
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