Bank staff expenses as a share of total costs reached 38.3% in first quarter of 2021 in Mexico, according to the National Central Bank. This is 7.88% more than in the previous quarter.
Historically, bank staff expenses as a share of total costs in Mexico reached an all time high of 44.2% in 4Q2014 and an all time low of 35.5% in 4Q2020.
Mexico has been ranked 50th within the group of 66 countries we follow in terms of bank staff expenses as a share of total costs.
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