Efficiency analysis is essential for the evaluation of bank’s performance. To estimate bank’s efficiency we can apply different methods. Analysis of financial indicators is the most popular efficiency analysis method in banks, but the number of financial indicators can be really big and make the interpretation of the results more difficult. This method has become increasingly popular in measuring bank efficiency in the countries with developing banking systems.

The main aim of this article is to present the results of efficiency analysis computed by the classical index of balance sheet characteristics.