Well Diversified and Liquid Balance Sheet
Cost Trajectory Returning to Normal Levels
Operating Expenses and Cost to Income Ratio
+31% headline increase in costs is the same
as the revenue increase (representing "flat
jaws") from a combination of consolidation of
BBE as well as the Group returning to a more
normal level of activity
Operating
Expenses, US$m
31%
331
Bank ABC
253
105
Other Cost
74
27
The Group continues to enforce appropriate
Premises &
Equipment
cost discipline without compromising on
23
investments into the Group's digital
transformation and strategic initiatives.
/ Cost to income ratio slightly elevated
reflecting the continuing levels of
investment into the Group's digital
initiatives
199
Staff Cost
156
H1‘21
H1‘22
C/I ratio
63%
64%
Normalized
C/I Ratio
56%
58%
(ex-Digital)
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