Bank pre-tax ROE fell 51.9% yoy to 4.48% in Macao in 3Q2024, according to the National Central Bank. This is 22.2% less than in the previous quarter.
Historically, bank pre-tax ROE in Macao reached an all time high of 27.5% in 3Q2015 and an all time low of 3.31% in 4Q2023.
Macao has been ranked 21st within the group of 21 countries we follow in terms of bank pre-tax ROE, 15 places below the position seen 10 years ago.
Bank Pre-Tax Return on Equity (Pre-Tax ROE) | Unit | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
China | % | 10.3% | 9.67% | 9.45% | 8.93% | 9.57% | ... | |||||||||||||||
Hong Kong | % | 13.2% | 12.4% | 11.4% | 9.29% | 13.2% | ... | |||||||||||||||
India | % | 13.1% | 15.5% | 15.1% | 17.7% | ... | ... | ... | ||||||||||||||
Indonesia | % | 14.8% | 14.0% | 14.3% | 14.4% | 15.3% | ... | |||||||||||||||
Japan | % | ... | ... | ... | ... | ... | ... | ... | 5.76% | ... | 7.74% | ... | 4.74% | ... | ... | |||||||
Macao | % | 11.8% | 10.2% | 9.32% | 3.31% | 7.25% | ||||||||||||||||
Malaysia | % | 10.7% | 9.82% | 10.1% | 9.78% | 9.76% | ... | ... | ||||||||||||||
Philippines | % | 13.9% | 14.0% | 13.5% | 13.0% | 12.7% | ... | |||||||||||||||
Russia | % | 12.1% | 29.1% | ... | ... | ... | ... | ... | ||||||||||||||
Singapore | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
Taiwan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | % | 8.67% | 9.69% | 9.48% | 8.93% | 9.17% | ... | |||||||||||||||
USA | % | 14.5% | 13.5% | 13.2% | 11.4% | 11.2% | ... | ... | ||||||||||||||
Vietnam | % | ... | ... | ... | ... | ... | ... | ... | ... | 10.7% | ... | ... | ... | ... | ... |