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Number of Banking Units (Branches) in Madagascar

Source: IMF
Last Updated: April 1, 2022

Number of branches reached 614 branches in 2020 in Madagascar, according to the National Central Bank. This is 0.968% less than in the previous year.

Historically, number of branches in Madagascar reached an all time high of 620 branches in 2019 and an all time low of 275 branches in 2004.

Madagascar has been ranked 32nd within the group of 62 countries we follow in terms of number of branches.

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