Number of Banks in Australia

Number of banks reached 99.0 banks in 2020 in Australia, according to the National Central Bank. This is 2.06% more than in the previous year.

Historically, number of banks in Australia reached an all time high of 99.0 banks in 2020 and an all time low of 50.0 banks in 2004.

Australia has been ranked 17th within the group of 148 countries we follow in terms of number of banks.