Bank staff expenses as a share of total costs reached 35.6% in 2020 in Philippines, according to the National Central Bank. This is 3.19% more than in the previous year.
Historically, bank staff expenses as a share of total costs in Philippines reached an all time high of 37.6% in 2015 and an all time low of 34.5% in 2019.
Philippines has been ranked 64th within the group of 83 countries we follow in terms of bank staff expenses as a share of total costs.
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