Number of banks reached 25.0 banks in 2019 in Malta, according to the National Central Bank. This is 4.17 % more than in the previous year.
Historically, number of banks in Malta reached an all time high of 31.0 banks in 2015 and an all time low of banks in. When compared to Malta's main peers, number of banks in Greece amounted to 28.0 banks, 229 banks in Italy and 34.0 banks in Turkey in 2019.
Malta has been ranked 63rd within the group of 140 countries we follow in terms of number of banks, 8 places above the position seen 10 years ago.