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VakifBank - Cost Efficiency

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

VakifBank's cost to income ratio reached 54.4% in 2015, up from 49.1% when compared to the previous year.

Historically, the bank’s costs reached an all time high of 110% of income in 2001 and an all time low of 48.7% in 2009.

When compared to total assets, bank's cost amounted to 2.73% in 2015, up from 2.58% a year earlier.

Staff accounted for 32.0% of total operating expenditures in 2015. The bank operated a network of 920 branches and employed 15,410 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, Garanti Bank reached 50.4% and Yapi Kredi Bank some 49.0%.

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