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Garanti Bank - Cost Efficiency

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

Garanti Bank's cost to income ratio reached 50.4% in 2015, up from 44.0% when compared to the previous year.

Historically, the bank’s costs reached an all time high of 206% of income in 2001 and an all time low of 32.3% in 2009.

When compared to total assets, bank's cost amounted to 2.85% in 2015, up from 2.49% a year earlier.

Staff accounted for 34.6% of total operating expenditures in 2015. The bank operated a network of 983 branches and employed 19,692 persons in 2015.

When compared to bank's main peers, Isbank operated in 2015 with a cost to income ratio of 62.1% in 2015, Yapi Kredi Bank reached 49.0% and VakifBank some 54.4%.

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