What Banks in Hungary Were the Most Cost Efficient in 2016?

Top Banks by Costs As % Of Income
Banking | Hungary | September 29, 2018
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Excel Sheet

Based on a comparison of 10 banks in Hungary in 2016, UniCredit Bank Hungary was the most cost efficient bank, followed by Erste Bank Hungary and K&H Bank.

UniCredit Bank Hungary's cost to income ratio reached 45.1% in 2016, down from 52.6% when compared to the last year. Historically, the bank’s costs reached an all time high of 76.8% in 2014 and an all time low of 43.5% in 2009.

When compared to total assets, bank's cost amounted to 1.39% in 2016, down from 2.55% a year earlier.

Comparing UniCredit Bank Hungary with its closest peers, Erste Bank Hungary operated in 2016 with a cost to income ratio of 55.9%, K&H Bank reached 56.7% and OTP Group some 58.0%.

The average cost to income ratio reached 43.7% in the Hungarian banking sector in 2016.

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

Costs (As % Of Income) Unit 2011 2012 2013 2014 2015 2016 2017 2018
Budapest Bank % 70.4% 66.1% 73.9% 74.3% 64.2% ...
CIB Bank % 81.0% 83.1% 65.5% 91.0% 73.0% ...
Erste Bank Hungary % 60.9% 65.6% 135% 78.7% 55.9% ...
FHB Bank % 72.7% 68.0% 48.6% 85.6% 79.6% ...
K&H Bank % 67.9% 70.8% 108% 62.7% 56.7% ...
MKB Bank % 91.4% 49.1% 59.2% 76.5% 62.7% ...
OTP Bank Hungary % 46.4% 49.5% 51.6% 53.5% 59.5%
OTP Group % 55.1% 60.2% 63.4% 55.1% 58.0%
Raiffeisen Bank Hungary % 92.9% 98.3% 98.8% 76.7% 77.4% ...
UniCredit Bank Hungary % 53.0% 65.9% 76.8% 52.6% 45.1% ...
AVERAGE % 55.2% 69.2% 67.7% 78.1% 70.7% 63.2% 65.3% 60.6%