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Number of Banks in Germany

Source: IMF
Last Updated: June 19, 2023

Number of banks reached 251 banks in 2021 in Germany, according to the National Central Bank. This is 2.33% less than in the previous year.

Historically, number of banks in Germany reached an all time high of 4,659 banks in 1985 and an all time low of 251 banks in 2021.

Germany has been ranked 2nd within the group of 92 countries we follow in terms of number of banks.

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