Number of banks reached 34.0 banks in 2019 in Turkey, according to the National Central Bank. This is the same as in the previous year.
Historically, number of banks in Turkey reached an all time high of 81.0 banks in 1999 and an all time low of banks in. When compared to Turkey's main peers, number of banks in Bulgaria amounted to 25.0 banks, 28.0 banks in Greece and 72.0 banks in Iraq in 2019.
Turkey has been ranked 46th within the group of 140 countries we follow in terms of number of banks, 9 places above the position seen 10 years ago.