Raiffeisen Stavebni Sporitelna's cost to income ratio reached 58.9% in the first quarter of 2017, up from 33.1% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 58.9% of income in 1Q2016 and an all time low of 29.7% in 3Q2011.
When compared to total assets, bank's cost amounted to 0.975% in 1Q2017, up from 0.597% in the previous quarter.
Staff accounted for 36.5% of total operating expenditures in the first quarter of 2017. The bank operated a network of 180 branches and employed 267 persons in 1Q2017.