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Number of Banks rose 4.00% to 26.0 banks in Finland in 2020

Number of Banks (banks), 2020
Banking | Finland | November 27, 2021
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Excel Sheet

Number of banks rose 4.00% to 26.0 banks in Finland in 2020, according to the National Central Bank.

Historically, number of banks in Finland reached an all time high of 658 banks in 1979 and an all time low of 21.0 banks in 2004. When compared to Finland's main peers, number of banks in Australia amounted to 99.0 banks, 109 banks in Indonesia, 27.0 banks in New Zealand and 4.00 banks in Papua New Guinea in 2020.

Finland has been ranked 63rd within the group of 147 countries we follow in terms of number of banks, 2 places below the position seen 10 years ago.

Number of Banks Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Australia banks ... ... ... ... 70.0 74.0 82.0 84.0 88.0
Finland banks 29.0 28.0 26.0 25.0 24.0
Indonesia banks ... ... ... ... 119 118 116 115 115
Malaysia banks ... ... ... ... 43.0 43.0 43.0 43.0 42.0
New Zealand banks 25.0 25.0 24.0 26.0 26.0
Papua New Guinea banks ... ... ... ... 4.00 4.00 4.00 4.00 4.00
Philippines banks ... ... ... ... 36.0 40.0 42.0 43.0 45.0
Singapore banks ... ... ... ... 125 123 126 127 131

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