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

Top Banks by Costs As % Of Income
Banking | Serbia | October 01, 2018
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Excel Sheet

Based on a comparison of 17 banks in Serbia in 2017, AIK Banka was the most cost efficient bank, followed by OTP Bank Serbia and UniCredit Bank Serbia.

AIK Banka's cost to income ratio reached 24.6% in 2017, up from 44.6% when compared to the last year. Historically, the bank’s costs reached an all time high of 44.6% in 2016 and an all time low of 21.3% in 2008.

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

When compared to the nearest peers, OTP Bank Serbia operated in 2017 with a cost to income ratio of 37.3%, UniCredit Bank Serbia reached 43.2% and Bank Intesa Serbia some 46.5%.

The average cost to income ratio reached 57.4% in the Serbian 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 Serbian banks in the report section.

Costs (As % Of Income) Unit 2010 2011 2012 2013 2014 2015 2016 2017
Addiko Bank Serbia % 47.0% 61.6% 92.1% 77.4% 103%
AIK Banka % 33.2% 42.4% 37.6% 40.6% 38.1%
Alpha Bank Serbia % 126% 118% 96.2% 84.7% ... ... ...
Bank Intesa Serbia % 70.4% 72.6% 40.6% 45.0% 43.7%
Banka Postanska Stedionica % 71.6% 72.3% 83.3% 65.9% 61.1%
Credit Agricole Serbia % ... ... 102% 96.4% 90.5% 88.1%
Erste Bank Serbia % 84.2% 84.1% 67.1% 71.0% 65.1%
Eurobank Serbia % 51.1% 57.3% 56.2% 61.1% 58.4%
Halbank Serbia % ... ... ... ... 62.6% 69.3%
Komercijalna Banka Beograd % 81.1% 81.9% 60.7% 61.9% 65.1%
NLB Serbia % ... ... ... ... ... ...
OTP Bank Serbia % 151% 155% 105% 78.5% 84.2%
Piraeus Bank Serbia % ... ... ... ... 74.6% 67.8%
Procredit Bank Serbia % ... ... ... ... 61.8% 60.6%
Raiffeisenbank Serbia % 52.2% 51.7% 48.3% 49.4% 57.2%
Sberbank Serbia % 41.1% 47.2% 47.5% 48.5% 67.4%
Societe Generale Serbia % 82.5% 87.0% 58.1% 57.2% 61.7%
UniCredit Bank Serbia % 33.7% 35.5% 35.6% 38.7% 39.3%
AVERAGE % 70.7% 71.2% 76.4% 66.0% 62.9% 64.4% 67.9% 63.4%