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

Top Banks by Costs As % Of Income
Banking | Romania | March 24, 2021
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Excel Sheet

Based on a comparison of 10 banks in Romania in 2017, Banca Transilvania was the most cost efficient bank, followed by UniCredit Tiriac Bank and BRD Groupe Societe Generale.

Banca Transilvania's cost to income ratio reached 48.2% in 2017, down from 42.5% when compared to the last year. Historically, the bank’s costs reached an all time high of 75.4% in 2006 and an all time low of 42.5% in 2016.

When compared to total assets, bank's cost amounted to 1.39% in 2017, down from 2.72% a year earlier.

Comparing Banca Transilvania with its closest peers, UniCredit Tiriac Bank operated in 2017 with a cost to income ratio of 48.3%, BRD Groupe Societe Generale reached 53.1% and Banca Commerciala Romana some 53.5%.

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 Romanian banks in the report section.

Costs (As % Of Income) Unit 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Alpha Bank Romania % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 51.1% 82.8% 64.0% ... ... ... ...
Banca Commerciala Romana % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 58.9% 49.2% 54.8% 53.5% ... ... ...
Banca Transilvania % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 42.5% 49.0% 42.5% 48.2% 48.6%
BRD Groupe Societe Generale % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 52.5% 53.7% 50.3% 53.1% 43.3%
CEC Bank % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 58.7% 57.7% 58.1% ... ... ... ...
Garanti Bank Romania % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 54.6% 63.7% 58.6% 63.8% ... ... ...
OTP Bank Romania % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 69.3% 78.4% 63.1% 68.0% ... ... ...
Piraeus Bank Romania % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 61.7% 87.5% 99.8% 101% ... ... ...
Raiffeisen Bank Romania % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 55.4% 60.3% 53.9% 60.4% ... ... ...
UniCredit Tiriac Bank % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 50.7% 51.0% 48.1% 48.3% ... ... ...
AVERAGE % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 35.1% 45.3% 41.1% 46.0% 47.4% 76.0% 64.8% 60.5% 75.6% 77.8% 63.9% 56.1% 52.4% 49.9% 57.3% 62.4% 57.0% 55.5% 63.3% 59.3% 62.0% 45.9% 43.2% 46.9%

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