Creditas's cost to income ratio reached 112% in the first quarter of 2017, up from 99.3% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 233% of income in 2Q2010 and an all time low of -1,086% in 3Q2014.
When compared to total assets, bank's cost amounted to 2.01% in 1Q2017, down from 2.99% in the previous quarter.
Staff accounted for 36.7% of total operating expenditures in the first quarter of 2017. The bank operated a network of 15.0 branches and employed 183 persons in 1Q2017.