Bank cost to income ratio reached 44.6% in 2023 in Iceland, according to the National Central Bank. This is 10.1% less than in the previous year.
Historically, bank cost to income ratio in Iceland reached an all time high of 65.9% in 2019 and an all time low of 44.6% in 2023.
Iceland has been ranked 60th within the group of 84 countries we follow in terms of bank cost to income ratio.
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