Number of banks reached 27.0 banks in 2019 in Belarus, according to the National Central Bank. This is 3.57 % less than in the previous year.
Historically, number of banks in Belarus reached an all time high of 35.0 banks in 2004 and an all time low of banks in. When compared to Belarus's main peers, number of banks in Lithuania amounted to 15.0 banks, 64.0 banks in Poland, 402 banks in Russia and 75.0 banks in Ukraine in 2019.
Belarus has been ranked 57th within the group of 140 countries we follow in terms of number of banks, 4 places behind the position seen 10 years ago.