Correspondent Blog
Tag: What Matters
07/07/21
The Latest Data on Why Going After NIM is Fool’s Gold
We looked at the average NIM and ROE for all operating banks in the country (4,973 of them) for the past ten years. We started with the thesis that the wider a bank’s NIM is, the more profitable the bank would be. We also looked at the NIM and ROE for almost 11,000 defunct banks…