![[INFOGRAPHICS] South African Vs Nigeria Banks (H1’2020)](https://giftedanalysts.com/wp-content/uploads/2020/09/H1-BANKS-02-scaled.jpg)
[INFOGRAPHICS] South African Vs Nigeria Banks (H1’2020)
South African banks are bigger than Nigerian banks in terms of Total Assets. However, Nigerian banks are more profitable, looking at return on Assets. Return on Assets talks about how they are able to utilize their balance sheet (mostly made up of deposits) to drive revenue. Return on Assets = Profit/Total assets. But why are Nigerian banks doing better? Take […]