Number of banks reached 15.0 banks in 2019 in Benin, according to the National Central Bank. This is the same as in the previous year.
Historically, number of banks in Benin reached an all time high of 16.0 banks in 2016 and an all time low of banks in. When compared to Benin's main peers, number of banks in Burkina Faso amounted to 15.0 banks, 14.0 banks in Niger and 13.0 banks in Togo in 2019.
Benin has been ranked 94th within the group of 140 countries we follow in terms of number of banks, 34 places above the position seen 10 years ago.