Number of banks reached 38.0 banks in 2019 in Hungary, according to the National Central Bank. This is 13.6 % less than in the previous year.
Historically, number of banks in Hungary reached an all time high of 49.0 banks in 2014 and an all time low of banks in. When compared to Hungary's main peers, number of banks in Austria amounted to 42.0 banks, 49.0 banks in Czech Republic, 64.0 banks in Poland and 23.0 banks in Slovakia in 2019.
Hungary has been ranked 43rd within the group of 140 countries we follow in terms of number of banks, 4 places behind the position seen 10 years ago.