Bank staff expenses reached USD 42.7 mil in third quarter of 2021 in Armenia, according to the National Central Bank. This is 10.3% more than in the previous quarter.
Historically, bank staff expenses in Armenia reached an all time high of USD 48.9 mil in 4Q2019 and an all time low of USD 25.3 mil in 3Q2012.
Armenia has been ranked 42nd within the group of 53 countries we follow in terms of bank staff expenses.
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