OTP Group's cost to income ratio reached 56.8% in the fourth quarter of 2017, up from 56.7% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 651% of income in 2Q2014 and an all time low of -15.8% in 3Q2008.
When compared to total assets, bank's cost amounted to 4.00% in 4Q2017, up from 3.98% in the previous quarter.
Staff accounted for 44.2% of total operating expenditures in the fourth quarter of 2017. The bank operated a network of 1,488 branches and employed 35,633 persons in 4Q2017.