In 2021, the return on equity (ROE) of Egyptian banks declined by *** percent compared to 2016. Egypt's financial institutions recorded the sharpest decline in ROE among the selected African countries. In contrast, Nigeria's ROE experienced the highest growth rate, rising by *** percent between 2016 and 2021.
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McKinsey & Company. (December 6, 2022). Percentage change in the average return on equity (ROE) of banks in selected African countries between 2016 and 2021 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1350918/change-in-banking-return-on-equity-in-africa-2021-by-country/
McKinsey & Company. "Percentage change in the average return on equity (ROE) of banks in selected African countries between 2016 and 2021." Chart. December 6, 2022. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1350918/change-in-banking-return-on-equity-in-africa-2021-by-country/
McKinsey & Company. (2022). Percentage change in the average return on equity (ROE) of banks in selected African countries between 2016 and 2021. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1350918/change-in-banking-return-on-equity-in-africa-2021-by-country/
McKinsey & Company. "Percentage Change in The Average Return on Equity (Roe) of Banks in Selected African Countries between 2016 and 2021." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 6 Dec 2022, /statistics/1350918/change-in-banking-return-on-equity-in-africa-2021-by-country/
McKinsey & Company, Percentage change in the average return on equity (ROE) of banks in selected African countries between 2016 and 2021 ÌÇÐÄÆƽâ°æ, /statistics/1350918/change-in-banking-return-on-equity-in-africa-2021-by-country/ (last visited July 31, 2026)
Percentage change in the average return on equity (ROE) of banks in selected African countries between 2016 and 2021 [Graph], McKinsey & Company, December 6, 2022. [Online]. Available: /statistics/1350918/change-in-banking-return-on-equity-in-africa-2021-by-country/
