Halkbank - Cost Efficiency

Costs As % Of Assets & Income
Banking | Turkey | March 06, 2018
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Excel Sheet

Halkbank's cost to income ratio reached 51.0% in 2015, up from 45.6% when compared to the previous year.

Historically, the bank’s costs reached an all time high of 58.1% of income in 2008 and an all time low of 31.3% in 2004.

When compared to total assets, bank's cost amounted to 2.55% in 2015, up from 2.29% a year earlier.

Staff accounted for 36.6% of total operating expenditures in 2015. The bank operated a network of 949 branches and employed 17,054 persons in 2015.

When compared to bank's main peers, Isbank operated in 2015 with a cost to income ratio of 62.1% in 2015, Garanti Bank reached 50.4% and VakifBank some 54.4%.

You can see all the bank’s data at Halkbank Profile, or you can download a report on the bank in the report section.