Number of Banks in Portugal

Number of banks reached 61.0 banks in 2021 in Portugal, according to the National Central Bank. This is 1.67% more than in the previous year.

Historically, number of banks in Portugal reached an all time high of 257 banks in 1995 and an all time low of 51.0 banks in 2018.

Portugal has been ranked 15th within the group of 92 countries we follow in terms of number of banks.