Number of banks reached 164 banks in 2019 in Hong Kong, according to the National Central Bank. This is 7.89 % more than in the previous year.
Historically, number of banks in Hong Kong reached an all time high of 164 banks in 2019 and an all time low of banks in. When compared to Hong Kong's main peers, number of banks in China amounted to 193 banks, 132 banks in Singapore and 46.0 banks in Vietnam in 2019.
Hong Kong has been ranked 9th within the group of 140 countries we follow in terms of number of banks, 6 places above the position seen 10 years ago.