Number of banks reached 18.0 banks in 2019 in Dominican Republic, according to the National Central Bank. This is the same as in the previous year.
Historically, number of banks in Dominican Republic reached an all time high of 18.0 banks in 2013 and an all time low of banks in. When compared to Dominican Republic's main peers, number of banks in Jamaica amounted to 8.00 banks, 51.0 banks in Mexico and 4,488 banks in USA in 2019.
Dominican Republic has been ranked 82nd within the group of 140 countries we follow in terms of number of banks, 45 places above the position seen 10 years ago.