Number of banks reached 237 banks in 2018 in Italy, according to the National Central Bank. This is 4.82 % less than in the previous year.
Historically, number of banks in Italy reached an all time high of 1,138 banks in 1990 and an all time low of 237 banks in 2018. When compared to Italy's main peers, number of banks in Austria amounted to 38.0 banks, 259 banks in France, 14.0 banks in Slovenia and 248 banks in Switzerland in 2018.
Italy has been ranked 7th within the group of 151 countries we follow in terms of number of banks, 3 places behind the position seen 10 years ago.