Number of banks reached 19.0 banks in 2019 in Zambia, according to the National Central Bank. This is 5.56 % more than in the previous year.
Historically, number of banks in Zambia reached an all time high of 19.0 banks in 2011 and an all time low of banks in. When compared to Zambia's main peers, number of banks in Angola amounted to 26.0 banks and 18.0 banks in Zimbabwe in 2019.
Zambia has been ranked 81st within the group of 140 countries we follow in terms of number of banks, 19 places above the position seen 10 years ago.