What Banks in Croatia Were the Most Cost Efficient in 2017?

Top Banks by Costs As % Of Income
Banking | Croatia | August 11, 2018
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Excel Sheet

Based on a comparison of 23 banks in Croatia in 2017, Zagrebacka Banka was the most cost efficient bank, followed by Erste & Steiermarkische Bank and Privredna Banka Zagreb.

Zagrebacka Banka's cost to income ratio reached 47.7% in 2017, up from 45.3% when compared to the last year. Historically, the bank’s costs reached an all time high of 68.3% in 2001 and an all time low of 45.3% in 2016.

When compared to total assets, bank's cost amounted to 1.39% in 2017, up from 1.98% a year earlier.

When compared to the nearest peers, Erste & Steiermarkische Bank operated in 2017 with a cost to income ratio of 49.0%, Privredna Banka Zagreb reached 49.8% and PBZ Stambena Stedionica some 53.6%.

The average cost to income ratio reached 46.8% in the Croatian banking sector in 2017.

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

Costs (As % Of Income) Unit 2010 2011 2012 2013 2014 2015 2016 2017
Addiko Bank Croatia % 61.1% 72.2% 73.7% 86.6% 152%
Croatia Banka % 101% 129% 112% 79.7% 73.1%
Erste & Steiermarkische Bank % 43.3% 38.3% 46.1% 46.9% 45.7%
Hrvatska Postanska Banka % 71.0% 63.6% 63.9% 60.4% 59.5%
Imex Banka % 45.0% 60.4% 52.6% 47.3% 50.8%
Istarska Kreditna Banka Umag % 64.6% 68.2% 64.3% 65.1% 44.4%
J&T Banka Croatia % 84.6% 119% 135% 146% 121%
Jadranska Banka % 72.5% 78.5% 81.3% 142% 219%
Karlovacka Banka % ... ... ... ... 87.7% 95.4%
KentBank % 81.4% 157% 118% 101% 83.7%
Kreditna Banka Zagreb % 65.0% 67.3% 71.7% 64.2% 79.0%
OTP Bank Croatia % 51.3% 61.1% 63.1% 57.2% 61.5%
Partner Banka % 78.0% 73.5% 77.6% 70.0% 73.5%
PBZ Stambena Stedionica % 48.7% 44.9% 41.8% 41.1% 46.2%
Podravska Banka % 74.9% 87.5% 85.1% 84.2% 78.4%
Privredna Banka Zagreb % 49.7% 51.7% 54.0% 52.3% 51.8%
Raiffeisen Stambena Stedionica % 118% 93.5% 85.4% 96.6% 91.6%
Raiffeisenbank Croatia % 61.8% 59.5% 58.0% 59.3% 61.9%
Sberbank Croatia % 64.2% 75.1% 70.7% 63.2% 72.2%
Slatinska Banka % 78.9% 78.5% 75.3% 75.6% 80.1%
Splitska Banka % 57.6% 60.7% 63.4% 55.5% 53.0%
Wustenrot Stambena Stedionica % 106% 66.0% 100% 77.0% 88.2%
Zagrebacka Banka % 47.4% 46.7% 48.2% 49.2% 50.8%
AVERAGE % 71.0% 69.4% 75.1% 74.6% 74.3% 79.7% 71.8% 64.9%