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

Top Banks by Costs As % Of Income
Banking | Slovakia | November 1, 2023
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Excel Sheet

Based on a comparison of 13 banks in Slovakia in 2016, Postova Banka was the most cost efficient bank, followed by Slovenska Sporitelna and VUB Banka.

Postova Banka's cost to income ratio reached 38.0% in 2016, down from 39.9% when compared to the last year. Historically, the bank’s costs reached an all time high of 100% in 2003 and an all time low of 38.0% in 2016.

When compared to total assets, bank's cost amounted to 1.39% in 2016, down from 2.24% a year earlier.

Comparing Postova Banka with its closest peers, Slovenska Sporitelna operated in 2016 with a cost to income ratio of 46.1%, VUB Banka reached 49.2% and Privatbanka some 52.7%.

The average cost to income ratio reached 43.7% in the Slovak 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 Slovak banks in the report section.