Total number of bank offices in the Netherlands 2005-2021
In 2021, bank offices located in the Netherlands continued to decline, now reaching less than 800 branches across the whole country. Banking is an important service industry in the Netherlands, being responsible for the funding of both international as well as domestic trade. Dutch banking has two important characteristics. Firstly, only a few large institutions dominate its financial markets. In 2021, for example, the five largest Dutch credit institutions, which includes the likes of ING, Rabobank and ABN Amro, held approximately 84.1 percent of the total assets in the banking sector. Secondly, the Dutch banking sector is one of the most concentrated in Europe. In the period between 2008 and 2020, the total number of banks in the Netherlands decreased from 98 banks in 2008 to 42 banks in 2020.
