As higher O and M cost and weak efficiency
gains dragged down the bottom-line in 2QFY14.
Despite the system's improving financial performance in 2012, Fitch expects a challenging economic environment next year, which combined with structurally weak efficiency
and potential asset quality deterioration, will make it difficult to sustain high profitability.
He also addressed the development constraints of governmental performance in aspects relating to the strategic planning of governmental performance and difficulties in organizational development through the duplication and overlap of some role between government units and non-visibility sometimes, instability of organizational structures and their inflation, in addition to the absence of mechanisms for measuring rates of governmental performance, the levels of delivery of government services, weak efficiency
of human resources, as well as traditional means of communication, the weakness of relying on the information and communication systems in governmental performance, in addition to a range of legal and legislative constraints.
The conclusion is that we have a weak efficiency
of the special surveillance devices, while at the same time we constantly increase their use," Iliev said.
But the confusion and weak efficiency
of the security agencies in the post-Syrian withdrawal phase, she said, is mainly due to the "total paralysis" that hit the political institutions, notably the parliament and government, as well as the clash between opposing political trends that left its marks on the security system as a whole.
The relevant test of weak efficiency
is whether the revision series, each of maximum possible length eight, exhibit autocorrelation of order greater than one.
They define weak efficiency
to exist if there is no betting opportunity available that will yield a positive net expected return, i.
BHD's weak efficiency
ratios, less diversified income structure compared to regional peers, and public sector exposure are also incorporated in the VR.
6 million respectively (1), owing to low core profitability, weak efficiency
, and high loan loss provisions.
The bank has exhibited a consistently high financial profitability over the last six years, which compares positively to its main local and international peers, despite its weak efficiency
derived from its business model.
However, in the near term, the level and trend of core earnings could be difficult to overcome due to weak efficiency
Nevertheless, FUCEREP's ratings remained constrained by its small size, weak efficiency
and low diversification by business line and by geographical region.