Piraeus Bank Group - Cost Efficiency

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

Piraeus Bank Group's cost to income ratio reached 61.5% in 2015, up from 56.4% when compared to the previous year.

Historically, the bank’s costs reached an all time high of 67.4% of income in 2011 and an all time low of 27.5% in 2013.

When compared to total assets, bank's cost amounted to 1.67% in 2015, up from 1.59% a year earlier.

Staff accounted for 52.4% of total operating expenditures in 2015. The bank operated a network of 989 branches and employed 19,279 persons in 2015.

When compared to bank's main peers, Alpha Bank Group operated in 2015 with a cost to income ratio of 58.8% in 2015, and Eurobank Group reached 57.7%.

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