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

Top Banks by Costs As % Of Income
Banking | Romania | September 27, 2018
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Excel Sheet

Based on a comparison of 8 banks in Romania in 2017, UniCredit Tiriac Bank was the most cost efficient bank, followed by Banca Transilvania and BRD Groupe Societe Generale.

UniCredit Tiriac Bank's cost to income ratio reached 48.3% in 2017, down from 48.1% when compared to the last year. Historically, the bank’s costs reached an all time high of 51.4% in 2007 and an all time low of 42.9% in 2010.

When compared to total assets, bank's cost amounted to 1.39% in 2017, down from 2.22% a year earlier.

When compared to the nearest peers, Banca Transilvania operated in 2017 with a cost to income ratio of 50.4%, BRD Groupe Societe Generale reached 52.9% and Banca Commerciala Romana some 53.5%.

You can see all the banks cost efficiency data at 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 2010 2011 2012 2013 2014 2015 2016 2017
Alpha Bank Romania % 51.4% 53.0% 59.4% 51.1% 82.8% ...
Banca Commerciala Romana % 47.3% 48.5% 46.0% 58.9% 49.2%
Banca Transilvania % 54.9% 54.0% 51.5% 44.2% 50.9%
BRD Groupe Societe Generale % 44.0% 45.8% 47.7% 50.6% 53.4%
CEC Bank % ... ... 58.9% 58.3% 58.7% 57.7% ...
Garanti Bank Romania % ... ... ... 54.1% 54.6% 63.7%
OTP Bank Romania % 85.3% 113% 81.5% 69.3% 78.4%
Piraeus Bank Romania % 62.9% 76.4% 64.9% 61.7% 87.5%
Raiffeisen Bank Romania % 63.2% 59.7% 58.3% 55.4% 60.3%
UniCredit Tiriac Bank % 49.9% 51.3% 51.3% 50.7% 51.0%
AVERAGE % 50.0% 57.4% 62.3% 57.3% 55.5% 63.5% 59.4% 62.2%