Number of banks reached 43.0 banks in 2019 in Myanmar, according to the National Central Bank. This is 7.50 % more than in the previous year.
Historically, number of banks in Myanmar reached an all time high of 43.0 banks in 2019 and an all time low of banks in. When compared to Myanmar's main peers, number of banks in China amounted to 193 banks, 161 banks in India and 30.0 banks in Thailand in 2019.
Myanmar has been ranked 38th within the group of 140 countries we follow in terms of number of banks, 58 places above the position seen 10 years ago.