Akbank's cost to income ratio reached 32.6% in 2017, down from 34.6% compared to the previous year.
Historically, the bank’s costs reached an all time high of 94.2% of income in 2001 and an all time low of 32.6% in 2017.
When compared to total assets, bank's cost amounted to 1.53% in 2017, down from 1.64% a year earlier.
Staff accounted for 40.3% of total operating expenditures in 2017. The bank operated a network of 801 branches and employed 14,000 persons in 2017.
Comparing Akbank with its closest peers, Isbank operated in 2017 with a cost to income ratio of 54.7% in 2017, Garanti Bank reached 38.8% and VakifBank some 50.5%.
You can see all the bank’s data at Akbank Profile, or you can download a report on the bank in the report section.
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