According to Ukrainian standards

Non-interest expenses include commission costs (for CSC, the loan service fee expense on securities, the cost of transactions in currency and other commission expenses), other bank operating expenses (deductions to fund the Deposit Guarantee); penalties for banking operations, other non-operating expenses (personnel expenses, paying taxes, the cost of telecommunications, and other operational and economic costs), allocations to provisioning and write-off of doubtful assets and contingencies. With regard to the content management process income and expenditure and requirements are presented to them, form goals and objectives. The main objective of cost management is to minimize wastage, that is, those costs do not lead to increased profits. Reducing overhead costs, the bank is known to quickly form a pool of funds that can be directed to its development. However, the practice of most Ukrainian banks, which differ in terms of volume and range of operations that allows you to mark a stable tendency of rapid increase in the cost of growth of income of banks. Topic: Fundamentals of Financial Management Bank | Tags: commission expenses