banking sector is the core segment of the financial system which can articulate
a country’s economic progress. Further banks play an important role in the mobilization
and allocation of financial resources in an economy. The soundness of financial
position of a bank adds confidence to all financial participants and equally important
for the country’s economy. In recent decades and relative to Guyana, banks have
undergone extensive transformations brought about by the evolution of the contemporary
economy, the behavior of recipients of banking services, the policies pursued by
Governments over the banking sector and the progress of modern technology. In this
paper quantitative and qualitative analysis on Return of Assets (ROA) and Return
on Equity (ROE) are completed for the top three commercial banks with the highest
levels of asset holdings in Guyana from years 2010 to 2017. They are Republic Bank
Guyana Limited, Guyana Bank for Trade and industry limited and The Bank of Nova
Scotia. This study is further diagnostic and exploratory in nature and makes use
of secondary data and conclusion drawn provides that whilst these banks are profitable,
management of its expenses must be a long-term strategic objective to manage effectively
as margins are shrieking and further importantly to sustained market share and revenues
on Assets (ROA), Return on Equity (ROE), Commercial banks & Profitability.
& Finance. Jun2013, Vol. 53 Issue 2, p561-586. 26p.
Reports for Guyana Bank for Trade & Industry; https://www.gbtibank.com/
Reports for Republic Bank Guyana Limited; https://republicguyana.com/about/republic-bank-guyana-limited
Jindal, Priya, Garg, Sambhav, (2013). Productivity measurement of public sectors
banks in India. International Journal of Research in Commerce, IT & Management.
Jan2013, Vol. 3 Issue 1, p57-62.
Jana; Lace, Natalja. IBIMA Business Review. 2013, Vol. 2013, p1-9. 9p.
Krishan; Kavita (2017). An Analysis of the Financial Performance of Indian Commercial
Banks. IUP Journal of Bank Management. Feb2017, Vol. 146 Issue 1, p7-26.
KG (2008), Financial performance analysis of commercial banks; A comparison of Federal
Bank, Dhanlakshmi Bank, and SBI, International Journal on Customer Relations, Vol
1, No 1 pp.16-24
of Guyana statistical bulletins: https://www.bankofguyana.org.gy/bog/
The Bank of Nova Scotia - 44 King Street West, 14th floor, Toronto, Ontario,
Canada M5H 1H1.Transit 92692 URL: http://library.bns email: email@example.com
P.; Simon, Nisha S (2015). Enabled Performance of Nationalized Banks in India:
An Analysis IUP Journal of Bank Management. Feb2015, Vol. 14 Issue 1, p75-88.
Sundas; Fu Qiang; Mehmood, Rashid. European Journal of Business & Management.
2014, Vol. 6 Issue 1, p107-114. 8p.
Kumari, G.; Prasad, M. S. V (2015). A Comparative Study of the Financial Performances
of Selected Public and Private Sector Banks. IUP Journal of Bank Management. Nov2015,
Vol. 14 Issue 4, p7-18.
AIGHEYISI Oziengbe; Ovuefeyen, EDORE Julius (2014). Effects of Economic Openness
and Inflation on Commercial Banks' Profitability: Panel Evidence from Nigeria (2007-2010).
Research Journal of Finance & Accounting. 2014, Vol. 5 Issue 17, p24-32. 9p.
A. N.; Tewari, S. K.; Dubey, P. P. (2013): Factors Affecting Profitability of Commercial
Banks: A Rural Perspective. Agricultural Economics Research Review. Jul-Dec2013,
Vol. 26 Issue 2, p275-279. 5p.
. Tariq, Waqas; Usman, Muhammad; Mir, Haseeb Zahid; Aman, Inam; Ali, Imran. (2014) Determinants of Commercial Banks Profitability: Empirical Evidence from Pakistan. International Journal of Accounting & Financial Reporting (IJAFR). 2014, Vol. 4 Issue 2, p1-22. 22p.