Bank cost to income ratio reached 79.9 % in 2017 in Russia, according to the National Central Bank. This is 9.37 % less than in the previous year.
Historically, bank cost to income ratio in Russia reached an all time high of 88.1 % in 2016 and an all time low of 55.4 % in 2009. When compared to Russia's main peers, bank cost to income ratio in China amounted to 31.6 % and 59.0 % in USA in 2017.
Russia has been ranked 1st within the group of 76 countries we follow in terms of bank cost to income ratio, 21 places above the position seen 10 years ago.