Bank staff expenses as a share of total costs reached 37.0% in second quarter of 2021 in Philippines, according to the National Central Bank. This is 7.56% more than in the previous quarter.
Historically, bank staff expenses as a share of total costs in Philippines reached an all time high of 40.1% in 4Q2012 and an all time low of 32.9% in 1Q2019.
Philippines has been ranked 45th within the group of 59 countries we follow in terms of bank staff expenses as a share of total costs.
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