Monaco: Overhead cost

(measure: percent; Source: Bankscope)
* indicates monthly or quarterly data series

Monaco: Bank overhead costs, percent of total assets

: For that indicator, we provide data for Monaco from 1996 to 2004. The average value for Monaco during that period was 1.43 percent with a minimum of 1.08 percent in 1999 and a maximum of 2.32 percent in 2004. The latest value from 2004 is 2.32 percent. For comparison, the world average in 2004 based on 172 countries is 4.50 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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Definition: Operating expenses of a bank as a share of the value of all assets held. Total assets include total earning assets, cash and due from banks, foreclosed real estate, fixed assets, goodwill, other intangibles, current tax assets, deferred tax assets, discontinued operations and other assets. The numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.
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