Bank staff expenses as a share of total costs reached 49.5% in 2017 in Cyprus, according to the National Central Bank. This is 7.90% less than in the previous year.
Historically, bank staff expenses as a share of total costs in Cyprus reached an all time high of 58.5% in 2009 and an all time low of 35.0% in 2012.
Cyprus has been ranked 32nd within the group of 114 countries we follow in terms of bank staff expenses as a share of total costs.
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