Number of banks reached 14.0 banks in 2019 in Palestine, according to the National Central Bank. This is the same as in the previous year.
Historically, number of banks in Palestine reached an all time high of 21.0 banks in 2004 and an all time low of banks in. When compared to Palestine's main peers, number of banks in Egypt amounted to 38.0 banks, 14.0 banks in Israel, 24.0 banks in Jordan and 47.0 banks in Lebanon in 2019.
Palestine has been ranked 106th within the group of 140 countries we follow in terms of number of banks, 20 places behind the position seen 10 years ago.