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The bank with the highest growth in total operating income in 2022 was Equity at 29%, followed closely by Stanbic and HF Group.
In 2023, the pack was led by Stanbic at 34%, with the next bank (KCB), at a comparatively distant 27%.
The bank with the highest growth in staff costs in 2022 was also Equity at 30%. The lowest growth in staff costs was reported by Standard Chartered at just 8%.
In 2023, DTB had the highest growth in staff costs at 39%.
Based on total operating income per unit of staff cost, the following banks are visibly "cost-cutting" (juicing more from the same staff):
Stanbic
Standard Chartered
I&M
ABSA
In 2023, the pack was led by Stanbic at 34%, with the next bank (KCB), at a comparatively distant 27%.
The bank with the highest growth in staff costs in 2022 was also Equity at 30%. The lowest growth in staff costs was reported by Standard Chartered at just 8%.
In 2023, DTB had the highest growth in staff costs at 39%.
Based on total operating income per unit of staff cost, the following banks are visibly "cost-cutting" (juicing more from the same staff):
Stanbic
Standard Chartered
I&M
ABSA
The bank with the highest growth in total operating income in 2022 was Equity at 29%, followed closely by Stanbic and HF Group.
In 2023, the pack was led by Stanbic at 34%, with the next bank (KCB), at a comparatively distant 27%.
The bank with the highest growth in staff costs in 2022 was also Equity at 30%. The lowest growth in staff costs was reported by Standard Chartered at just 8%.
In 2023, DTB had the highest growth in staff costs at 39%.
Based on total operating income per unit of staff cost, the following banks are visibly "cost-cutting" (juicing more from the same staff):
Stanbic
Standard Chartered
I&M
ABSA
In 2023, the pack was led by Stanbic at 34%, with the next bank (KCB), at a comparatively distant 27%.
The bank with the highest growth in staff costs in 2022 was also Equity at 30%. The lowest growth in staff costs was reported by Standard Chartered at just 8%.
In 2023, DTB had the highest growth in staff costs at 39%.
Based on total operating income per unit of staff cost, the following banks are visibly "cost-cutting" (juicing more from the same staff):
Stanbic
Standard Chartered
I&M
ABSA
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Mihr Thakar