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DenizBank - Cost Efficiency

Costs As % Of Assets & Income
Banking | Turkey | June 25, 2018
$2.99
Excel Sheet

DenizBank's cost to income ratio reached 42.0% in 2017, down from 44.6% compared to the previous year.

Historically, the bank’s costs reached an all time high of 69.4% of income in 2001 and an all time low of 32.8% in 2006.

When compared to total assets, bank's cost amounted to 2.17% in 2017, down from 2.36% a year earlier.

Staff accounted for 45.3% of total operating expenditures in 2017. The bank operated a network of 740 branches and employed 14,136 persons in 2017.

Comparing DenizBank with its closest peers, Isbank operated in 2017 with a cost to income ratio of 54.7% in 2017, Garanti Bank reached 38.8% and VakifBank some 50.5%.

You can see all the bank’s data at DenizBank Profile, or you can download a report on the bank in the report section.