Bank staff expenses as a share of total costs reached 41.2% in third quarter of 2021 in Georgia, according to the National Central Bank. This is 3.91% more than in the previous quarter.
Historically, bank staff expenses as a share of total costs in Georgia reached an all time high of 64.3% in 2Q2017 and an all time low of 37.8% in 3Q2018.
Georgia has been ranked 35th within the group of 51 countries we follow in terms of bank staff expenses as a share of total costs.
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