Bank staff expenses as a share of total costs reached 59.5% in fourth quarter of 2019 in Singapore, according to the National Central Bank. This is 1.60% more than in the previous quarter.
Historically, bank staff expenses as a share of total costs in Singapore reached an all time high of 60.3% in 1Q2018 and an all time low of 55.3% in 4Q2015.
Singapore has been ranked 6th within the group of 79 countries we follow in terms of bank staff expenses as a share of total costs.
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