Number of banks reached 18.0 banks in 2019 in Zimbabwe, according to the National Central Bank. This is the same as in the previous year.
Historically, number of banks in Zimbabwe reached an all time high of 18.0 banks in 2011 and an all time low of banks in. When compared to Zimbabwe's main peers, number of banks in Botswana amounted to 9.00 banks, 17.0 banks in Mozambique, 36.0 banks in South Africa and 19.0 banks in Zambia in 2019.
Zimbabwe has been ranked 84th within the group of 140 countries we follow in terms of number of banks, 26 places above the position seen 10 years ago.