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What Country Has the Most Banks?

Number of Banks (banks), 2016 or latest
Banking | February 22, 2018
Excel Sheet

Based on a comparison of 160 countries in 2016, USA ranked the highest in number of banks with 5,304 banks followed by Russia and United Kingdom. On the other end of the scale was Papua New Guinea with 4.00 banks, Swaziland with 4.00 banks and East Timor with 4.00 banks.

Data for more countries are available at Number of Banks indicator page.