Raiffeisen Bank International's cost to income ratio reached 64.9% in the fourth quarter of 2017, up from 56.8% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 68.2% of income in 1Q2016 and an all time low of 55.5% in 2Q2016.
When compared to total assets, bank's cost amounted to 2.36% in 4Q2017, up from 2.06% in the previous quarter.
Staff accounted for 50.3% of total operating expenditures in the fourth quarter of 2017. The bank operated a network of 2,409 branches and employed 49,700 persons in 4Q2017.