Alpha Bank Group's cost to income ratio reached 89.6% in the fourth quarter of 2015, up from 55.1% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 128% of income in 1Q2012 and an all time low of 47.3% in 1Q2015.
When compared to total assets, bank's cost amounted to 3.28% in 4Q2015, up from 1.83% in the previous quarter.
Staff accounted for 23.4% of total operating expenditures in the fourth quarter of 2015. The bank operated a network of 897 branches and employed 13,847 persons in 4Q2015.