Turk Ekonomi Bankasi's cost to income ratio reached 53.7% in 2017, up from 51.0% compared to the previous year.
Historically, the bank’s costs reached an all time high of 76.5% of income in 2011 and an all time low of 51.0% in 2016.
When compared to total assets, bank's cost amounted to 2.94% in 2017, down from 3.13% a year earlier.
Staff accounted for 47.0% of total operating expenditures in 2017. The bank operated a network of 504 branches and employed 9,464 persons in 2017.
Comparing Turk Ekonomi Bankasi 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 Turk Ekonomi Bankasi Profile, or you can download a report on the bank in the report section.
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