Number of banks reached 16.0 banks in 2019 in Guinea, according to the National Central Bank. This is the same as in the previous year.
Historically, number of banks in Guinea reached an all time high of 16.0 banks in 2016 and an all time low of banks in. When compared to Guinea's main peers, number of banks in Liberia amounted to 9.00 banks, 14.0 banks in Mali and 25.0 banks in Senegal in 2019.
Guinea has been ranked 92nd within the group of 140 countries we follow in terms of number of banks, 44 places above the position seen 10 years ago.