Number of banks reached 17.0 banks in 2019 in Mozambique, according to the National Central Bank. This is 5.56 % less than in the previous year.
Historically, number of banks in Mozambique reached an all time high of 19.0 banks in 2016 and an all time low of banks in. When compared to Mozambique's main peers, number of banks in Malawi amounted to 9.00 banks, 36.0 banks in South Africa and 19.0 banks in Zambia in 2019.
Mozambique has been ranked 88th within the group of 140 countries we follow in terms of number of banks, 32 places above the position seen 10 years ago.