Bank cost to income ratio reached 41.9% in fourth quarter of 2018 in Turkey, according to the National Central Bank. This is 23.8% more than in the previous quarter.
Historically, bank cost to income ratio in Turkey reached an all time high of 53.1% in 3Q2005 and an all time low of -8.31% in 4Q2008.
Turkey has been ranked 47th within the group of 55 countries we follow in terms of bank cost to income ratio.
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