Bank’s Profitability – a Case Study Guyana
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.
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