Number of banks reached 321 banks in 2018 in United Kingdom, according to the National Central Bank. This is 2.56 % more than in the previous year.
Historically, number of banks in United Kingdom reached an all time high of 557 banks in 1997 and an all time low of 311 banks in 2012. When compared to United Kingdom's main peers, number of banks in Belgium amounted to 87.0 banks, 259 banks in France, 267 banks in Germany and 60.0 banks in Ireland in 2018.
United Kingdom has been ranked 3rd within the group of 151 countries we follow in terms of number of banks, 2 places above the position seen 10 years ago.