Number of banks reached 14.0 banks in 2019 in Mali, according to the National Central Bank. This is the same as in the previous year.
Historically, number of banks in Mali reached an all time high of 14.0 banks in 2013 and an all time low of banks in. When compared to Mali's main peers, number of banks in Algeria amounted to 20.0 banks, 15.0 banks in Burkina Faso, 18.0 banks in Mauritania and 14.0 banks in Niger in 2019.
Mali has been ranked 103rd within the group of 140 countries we follow in terms of number of banks, 21 places above the position seen 10 years ago.