Based on a comparison of 7 banks among Intesa SanPaolo New Europe in 2017, Intesa Sanpaolo Turkey was the most cost efficient bank, followed by Bank Intesa Serbia and VUB Banka.
Intesa Sanpaolo Turkey's cost to income ratio reached 10.7% in 2017, down from 11.2% when compared to the last year. Historically, the bank’s costs reached an all time high of 13.5% in 2014 and an all time low of 10.7% in 2017.
When compared to total assets, bank's cost amounted to 1.39% in 2017, down from 0.318% a year earlier.
Comparing Intesa Sanpaolo Turkey with its closest peers, Bank Intesa Serbia operated in 2017 with a cost to income ratio of 46.5%, VUB Banka reached 48.8% and Privredna Banka Zagreb some 49.8%.
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 Intesa SanPaolo New Europe banks in the reports section.
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