Number of banks reached 46.0 banks in 2019 in Vietnam, according to the National Central Bank. This is the same as in the previous year.
Historically, number of banks in Vietnam reached an all time high of 93.0 banks in 2009 and an all time low of banks in. When compared to Vietnam's main peers, number of banks in Cambodia amounted to 47.0 banks, 193 banks in China and 30.0 banks in Thailand in 2019.
Vietnam has been ranked 37th within the group of 140 countries we follow in terms of number of banks, 15 places behind the position seen 10 years ago.