Bank pre-tax ROE reached -4.07 % in 2008 in Japan, according to the National Central Bank. This is 145 % less than in the previous year.
Historically, bank pre-tax ROE in Japan reached an all time high of 17.2 % in 2005 and an all time low of -24.0 % in 1998. When compared to Japan's main peers, bank pre-tax ROE in Russia amounted to 13.7 %, 9.91 % in South Korea and -0.159 % in USA in 2008.
Japan has been ranked 83rd within the group of 87 countries we follow in terms of bank pre-tax ROE, 48 places behind the position seen 10 years ago.