Bank staff expenses as a share of total costs reached 45.4% in third quarter of 2021 in Iceland, according to the National Central Bank. This is 6.45% less than in the previous quarter.
Historically, bank staff expenses as a share of total costs in Iceland reached an all time high of 78.9% in 4Q2018 and an all time low of 31.6% in 4Q2016.
Iceland has been ranked 21st within the group of 51 countries we follow in terms of bank staff expenses as a share of total costs.
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