The heightened uncertainty and the turbulent external environment mean that the winners of to-morrow will be those who can adapt and evolve faster than the competition to the changing environment. My gratitude goes to Dr the Honourable Navinchandra Ramgoolam, GCSK, FRCP, our Prime Minister, for his unstinting support during my second term of office. The year under review started with Hon.
And the best way to do that is to rapidly get rid of your remaining non-performing assets that continue to impose a drag on your performance. Indeed, your profitability remained marginal with return on equity and return on assets ratios at just 0.2 percent and 0.03 percent, respectively. As an industry, thrift banks continued to be the least profitable.