Raiffeisenbank Czech Republic's cost to income ratio reached 46.3% in the first quarter of 2017, down from 55.7% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 60.0% of income in 1Q2008 and an all time low of 41.1% in 2Q2016.
When compared to total assets, bank's cost amounted to 1.49% in 1Q2017, down from 1.70% in the previous quarter.
Staff accounted for 50.9% of total operating expenditures in the first quarter of 2017. The bank operated a network of 124 branches and employed 2,946 persons in 1Q2017.