Number of banks reached 218 banks in 2021 in Italy, according to the National Central Bank. This is 2.24% less than in the previous year.
Historically, number of banks in Italy reached an all time high of 1,138 banks in 1990 and an all time low of 218 banks in 2021.
Italy has been ranked 4th within the group of 92 countries we follow in terms of number of banks.
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