Bank Pre-Tax Return on Equity (Pre-Tax ROE) fell 16.7% yoy to 21.3% in Cyprus in 2Q2024

Bank pre-tax ROE fell 16.7% yoy to 21.3% in Cyprus in 2Q2024, according to the National Central Bank. This is 6.03% less than in the previous quarter.

Historically, bank pre-tax ROE in Cyprus reached an all time high of 25.6% in 1Q2023 and an all time low of -90.1% in 1Q2013.

Cyprus has been ranked 11th within the group of 78 countries we follow in terms of bank pre-tax ROE, 97 places above the position seen 10 years ago.