![Amna Puri-Mirza](https://cdn.statcdn.com/static/../CMS/contactperson/ERI1070_1623059796.png)
Cost-to-income ratio of banks GCC Q3 2021-Q3 2023
As of quarter three of 2023, the cost-to-income ratio of banks in the Gulf Cooperation Council was 40.1 percent. This was a 0.5 percent increase over the third quarter of 2021. After dropping to a low of 38.9 percent in the third quarter of 2022, the cost-to-income ratio has successively seen a mostly upward trend.