Bank cost to income ratio reached 61.1% in fourth quarter of 2020 in Canada, according to the National Central Bank. This is 6.20% less than in the previous quarter.
Historically, bank cost to income ratio in Canada reached an all time high of 87.8% in 1Q2008 and an all time low of 58.8% in 1Q2018.
Canada has been ranked 17th within the group of 44 countries we follow in terms of bank cost to income ratio.
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