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Number of Banks in Singapore

Source: IMF
Last Updated: June 19, 2023

Number of banks reached 133 banks in 2020 in Singapore, according to the National Central Bank. This is 0.758% more than in the previous year.

Historically, number of banks in Singapore reached an all time high of 133 banks in 2020 and an all time low of 108 banks in 2006.

Singapore has been ranked 11th within the group of 148 countries we follow in terms of number of banks.

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