Source: World Bank
Release: Global Financial Development
Commercial banks' net income to yearly averaged equity.
Raw data are from Bankscope. Data2115[t] / ((data2055[t] + data2055[t-1])/2). Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. (Calculated from underlying bank-by-bank unconsolidated data from Bankscope)
Source Code: GFDD.EI.06
World Bank, Bank's Return on Equity for Philippines [DDEI06PHA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDEI06PHA156NWDB, February 2, 2023.