Bank staff expenses as a share of total costs reached 47.4% in 2020 in South Africa, according to the National Central Bank. This is 3.41% less than in the previous year.
Historically, bank staff expenses as a share of total costs in South Africa reached an all time high of 50.9% in 2011 and an all time low of 47.4% in 2020.
South Africa has been ranked 28th within the group of 83 countries we follow in terms of bank staff expenses as a share of total costs.
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