data  ›  Business and economy

Italian banking system faring badly in terms of return on equity

by Claudio Celio

Return on equity in 2016 in major Eu banking

In %. (Source: Ecb)

The Italian banking system is among the last in Europe for levels of return on equity (Roe), data from the European Central Bank show. According to the figures, the average Roe of Italian banks was around 1.6% last year, a level that leaves only Portugal behind Italy, which actually has a negative Roe (-2.54%). Germany is positioned slightly higher than Italy, with an average Roe of banks at around 2.13%. The Roe recorded among French banks is notably higher (7.09%). Countries at the top of the list of the major European banking systems include Belgium (9.61%) and the Netherlands (8.67%).