Bank cost to income ratio reached 64.5% in third quarter of 2020 in Ethiopia, according to the National Central Bank. This is 31.3% less than in the previous quarter.
Historically, bank cost to income ratio in Ethiopia reached an all time high of 94.0% in 2Q2020 and an all time low of 42.4% in 1Q2019.
Ethiopia has been ranked 11th within the group of 49 countries we follow in terms of bank cost to income ratio.
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