CSOB's cost to income ratio reached 47.2% in the fourth quarter of 2017, up from 43.6% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 433% of income in 3Q2008 and an all time low of 24.9% in 4Q2009.
When compared to total assets, bank's cost amounted to 1.28% in 4Q2017, up from 1.08% in the previous quarter.
Staff accounted for 46.5% of total operating expenditures in the fourth quarter of 2017. The bank operated a network of 270 branches and employed 8,615 persons in 4Q2017.