December 11, 2011

Japanese customers see low return on equity for national banks according to research

Return on Equity for national Banks (%)

China     22.5%
Canada  17.4%
Australia 16.5%
Korea     14.5%
Japan      11.3%
USA         7.3%

Source: UBS

From: Local lenders relatively rich, Profitability
Matthew Drummond
Rates Cut
Australian Financial Review newspaper
Friday, 9th December, 200, page 8

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