Selection and evaluation of additional activities, conduct which is related to non-recurring costs shall be made on the basis of return on rate, which is defined as covering the expenses incurred additional earnings over a certain period of time. Thus, the maximum amount of discretionary spending that can be sent? For specific projects shall be limited to a payback period. Almost every bank has reserves for reducing costs to a rational level, which allows for increased economic efficiency and enhance its competitiveness. Lower costs allow the bank to establish a more competitive and changing tariffs, which provides an important competitive advantage. However, there are a number of quite objective factors influencing the bank is forced to go more often to increase costs: image bank, the need to take into account recent trends in forming its tangible and intangible facilities; need for highly skilled and highly paid professionals, respectively, and etc. So, the banks face the task not only reduce current and future costs, but, most importantly, the optimization problem in accordance with the aims and objectives of the banks, the requirements of the banking market. The implementation of this task is possible only on the basis of cost-effective management, include: the definition of feasibility expenditure bank account the costs of individual structural units and the bank as a whole, to calculate the costs of banking products - Calculation of cost of production, preparation of the information base that enables assess the costs in the selection and management decisions, identify ways of technical control and cost accounting, search for reserves to reduce costs, the choice of valuation methods expenses; optimize costs. The task of forming and managing costs must be addressed together. Only this approach can actually enhance the effectiveness of the bank. Topic: Fundamentals of Financial Management Bank