Halkbank's cost to income ratio reached 42.6% in 2017, down from 42.8% 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 1.72% in 2017, down from 1.87% a year earlier.
Staff accounted for 46.2% of total operating expenditures in 2017. The bank operated a network of 963 branches and employed 17,851 persons in 2017.
Comparing Halkbank 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 Halkbank Profile, or you can download a report on the bank in the report section.
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