Based on a comparison of 10 banks in Slovenia in 2016, SKB Banka was the most cost efficient bank, followed by Intesa Sanpaolo Bank Slovenia and UniCredit Bank Slovenia.
SKB Banka's cost to income ratio reached 47.8% in 2016, down from 53.0% when compared to the last year. Historically, the bank’s costs reached an all time high of 87.9% in 2001 and an all time low of 41.0% in 2005.
When compared to total assets, bank's cost amounted to 1.39% in 2016, down from 2.10% a year earlier.
Comparing SKB Banka with its closest peers, Intesa Sanpaolo Bank Slovenia operated in 2016 with a cost to income ratio of 50.5%, UniCredit Bank Slovenia reached 54.1% and Nova Ljubljanska banka some 60.9%.
The average cost to income ratio reached 59.2% in the Slovenian banking sector in 2016.