What Banks in Hungary Paid its Staff the Most in 2017?

Based on a comparison of 9 banks in Hungary in 2017, Raiffeisen Bank Hungary was paying its employees the best, followed by MKB Bank and CIB Bank.

Raiffeisen Bank Hungary employed 2,089 persons in 2017, down 1.69% when compared to the previous year. Historically, the bank's workforce hit an all time high of 4,002 persons in 2008 and an all time low of 1,634 in 2003.

Average cost reached HUF 961,624 per month per employee, 5.60% more than a year ago. This figure was HUF 723,682 per month some 10 years ago.

Staff accounted for 35.9% of total operating expenditures in 2017.

Comparing Raiffeisen Bank Hungary with its closest peers, MKB Bank had 2,031 employees with average cost of HUF 927,991 per month per person, CIB Bank operated with 2,014 people (and HUF 901,771 per month per employee) and UniCredit Bank Hungary had 1,756 employees in 2017 with cost of HUF 884,871 per month per head.

You can see all the banks cost per employee data on the Cost Per Employee indicator page or you can download a report on the Hungarian banks in the report section.