Bank cost to income ratio reached 64.5% in 2020 in Australia, according to the National Central Bank. This is 22.8% more than in the previous year.
Historically, bank cost to income ratio in Australia reached an all time high of 64.5% in 2020 and an all time low of 42.8% in 2015.
Australia has been ranked 27th within the group of 89 countries we follow in terms of bank cost to income ratio.
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