Number of banks reached 47.0 banks in 2019 in Lebanon, according to the National Central Bank. This is 4.08 % less than in the previous year.
Historically, number of banks in Lebanon reached an all time high of 56.0 banks in 2013 and an all time low of banks in. When compared to Lebanon's main peers, number of banks in Cyprus amounted to 29.0 banks, 14.0 banks in Israel and 24.0 banks in Jordan in 2019.
Lebanon has been ranked 34th within the group of 140 countries we follow in terms of number of banks, 2 places behind the position seen 10 years ago.