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Bank Millennium - Cost Efficiency

Costs As % Of Assets & Income
Banking | Poland | March 06, 2018
Excel Sheet

Bank Millennium's cost to income ratio reached 57.3% in 2015, up from 50.2% when compared to the previous year.

Historically, the bank’s costs reached an all time high of 70.0% of income in 2009 and an all time low of 50.2% in 2014.

When compared to total assets, bank's cost amounted to 1.97% in 2015, up from 1.89% a year earlier.

Staff accounted for 43.8% of total operating expenditures in 2015. The bank operated a network of 411 branches and employed 5,911 persons in 2015.

When compared to bank's main peers, Pekao SA operated in 2015 with a cost to income ratio of 47.9% in 2015, and ING Bank Slaski reached 57.1%.

You can see all the bank’s data at Bank Millennium Profile, or you can download a report on the bank in the report section.