Tag: Top Performing Bank

How Banks Can Get A 45% Efficiency Ratio - Part II

Improving Bank Efficiency

In our previous post (HERE), we discussed the importance of driving bank efficiency to below 45% over the next five years. Many banks have already saved between 5% to 10% of total expenses by cutting waste and renegotiating contracts. Taking another look at your core, online and mobile contracts alone can probably save you that much not to mention taking another look at your purchasing. After that, you need to be strategic.

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