Piraeus Bank Group's cost to income ratio reached 61.5% in 2015, up from 56.4% compared to the previous year.
Historically, the bank’s costs reached an all time high of 67.4% of income in 2011 and an all time low of 27.5% in 2013.
When compared to total assets, bank's cost amounted to 1.67% in 2015, up from 1.59% a year earlier.
Staff accounted for 52.4% of total operating expenditures in 2015. The bank operated a network of 989 branches and employed 19,279 persons in 2015.
Comparing Piraeus Bank Group with its closest peers, Alpha Bank Group operated in 2015 with a cost to income ratio of 58.8% in 2015, and Eurobank Group reached 57.7%.
You can see all the bank’s data at Piraeus Bank Group Profile, or you can download a report on the bank in the report section.
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