Number of banks reached 28.0 banks in 2019 in Nepal, according to the National Central Bank. This is the same as in the previous year.
Historically, number of banks in Nepal reached an all time high of 32.0 banks in 2012 and an all time low of banks in. When compared to Nepal's main peers, number of banks in Bangladesh amounted to 59.0 banks, 5.00 banks in Bhutan, 193 banks in China and 161 banks in India in 2019.
Nepal has been ranked 53rd within the group of 140 countries we follow in terms of number of banks, 14 places above the position seen 10 years ago.