Number of banks reached 27.0 banks in 2021 in Cyprus, according to the National Central Bank. This is 6.90% less than in the previous year.
Historically, number of banks in Cyprus reached an all time high of 43.0 banks in 2007 and an all time low of 27.0 banks in 2021.
Cyprus has been ranked 39th within the group of 92 countries we follow in terms of number of banks.
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