Bank cost to assets fell 9.77% to 1.07% in Australia in 2016, according to the National Central Bank.
Historically, bank cost to assets in Australia reached an all time high of 2.03% in 2005 and an all time low of 1.07% in 2016.
Australia has been ranked 10th within the group of 10 countries we follow in terms of bank cost to assets, 28 places above the position seen 10 years ago.
Bank Cost to Assets | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
Australia | % | ... | ... | ... | 1.07% | ... | ... | 1.21% | 1.21% | |||||||||||||
Cambodia | % | ... | ... | ... | ... | ... | ... | ... | ... | 4.50% | 5.25% | 5.51% | 5.96% | 7.86% | ||||||||
Indonesia | % | ... | ... | ... | 3.69% | 3.69% | 3.40% | 3.33% | 3.33% | |||||||||||||
Malaysia | % | ... | ... | ... | 1.32% | 1.34% | 1.33% | 1.36% | 1.33% | |||||||||||||
New Zealand | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||||||
Papua New Guinea | % | ... | ... | ... | ... | ... | ... | ... | 3.75% | 3.77% | 3.95% | 3.49% | 3.33% | |||||||||
Philippines | % | 2.58% | 2.52% | 2.59% | 2.65% | 2.50% | ... | |||||||||||||||
Singapore | % | ... | ... | ... | ... | ... | ... | ... | 0.277% | 0.287% | 0.275% | 0.293% | ... | ... | ... | |||||||
Thailand | % | 2.07% | 2.06% | 2.11% | 2.15% | 1.89% | ||||||||||||||||
Vietnam | % | ... | ... | ... | ... | ... | ... | 1.75% | 1.73% | 1.80% | 1.77% | 1.75% | ... |