Bank staff expenses as a share of total costs reached 48.1% in third quarter of 2020 in Ethiopia, according to the National Central Bank. This is 9.35% more than in the previous quarter.
Historically, bank staff expenses as a share of total costs in Ethiopia reached an all time high of 66.6% in 1Q2018 and an all time low of 39.4% in 4Q2019.
Ethiopia has been ranked 25th within the group of 75 countries we follow in terms of bank staff expenses as a share of total costs.
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