Number of banks reached 311 banks in 2019 in United Kingdom, according to the National Central Bank. This is 3.12 % less 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 banks in. When compared to United Kingdom's main peers, number of banks in Belgium amounted to 85.0 banks, 259 banks in France, 259 banks in Germany and 59.0 banks in Ireland in 2019.
United Kingdom has been ranked 3rd within the group of 140 countries we follow in terms of number of banks, 2 places above the position seen 10 years ago.