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Number of Banks in Norway

Source: IMF
Last Updated: June 19, 2023

Number of banks reached 43.0 banks in 2021 in Norway, according to the National Central Bank. This is 4.88% more than in the previous year.

Historically, number of banks in Norway reached an all time high of 784 banks in 1929 and an all time low of 29.0 banks in 2012.

Norway has been ranked 23rd within the group of 92 countries we follow in terms of number of banks.

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