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What Banks in Hungary Were the Most Cost Efficient in 2016?

Top Banks by Costs As % Of Income
Banking | Hungary | March 25, 2021
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Excel Sheet

Based on a comparison of 10 banks in Hungary in 2016, UniCredit Bank Hungary was the most cost efficient bank, followed by Erste Bank Hungary and K&H Bank.

UniCredit Bank Hungary's cost to income ratio reached 45.1% in 2016, down from 52.6% when compared to the last year. Historically, the bank’s costs reached an all time high of 76.8% in 2014 and an all time low of 43.5% in 2009.

When compared to total assets, bank's cost amounted to 1.39% in 2016, down from 2.55% a year earlier.

Comparing UniCredit Bank Hungary with its closest peers, Erste Bank Hungary operated in 2016 with a cost to income ratio of 55.9%, K&H Bank reached 56.7% and OTP Group some 59.5%.

The average cost to income ratio reached 43.7% in the Hungarian banking sector in 2016.

You can see all the banks cost efficiency data on the Costs (As % Of Income) indicator page or you can download a report on the Hungarian banks in the report section.