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Number of Banks in Azerbaijan

Source: IMF
Last Updated: June 19, 2023

Number of banks reached 26.0 banks in 2021 in Azerbaijan, according to the National Central Bank. This is 0% more than in the previous year.

Historically, number of banks in Azerbaijan reached an all time high of 180 banks in 1995 and an all time low of 26.0 banks in 2021.

Azerbaijan has been ranked 41st within the group of 92 countries we follow in terms of number of banks.

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