As of January 2020 there were a total of 454 monetary financial institutions (MFIs) operating in the United Kingdom (UK), of which the majority where credit institutions (banks). The definition of MFIs according to the European Central Bank (ECB) is "Monetary financial institutions" (MFIs) are resident credit institutions as defined in European Union (EU) law, and other resident financial institutions whose business is to receive deposits and/or close substitutes for deposits from entities other than MFIs and, for their own account (at least in economic terms), to grant credits and/or make investments in securities."
Number of monetary financial institutions (MFIs) in the United Kingdom (UK) as of January 2020, by type
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ECB. (April 15, 2020). Number of monetary financial institutions (MFIs) in the United Kingdom (UK) as of January 2020, by type [Graph]. In Statista. Retrieved April 22, 2021, from https://www.statista.com/statistics/1111004/eurozone-united-kingdom-number-monetary-financial-institutions-by-type/
ECB. "Number of monetary financial institutions (MFIs) in the United Kingdom (UK) as of January 2020, by type." Chart. April 15, 2020. Statista. Accessed April 22, 2021. https://www.statista.com/statistics/1111004/eurozone-united-kingdom-number-monetary-financial-institutions-by-type/
ECB. (2020). Number of monetary financial institutions (MFIs) in the United Kingdom (UK) as of January 2020, by type. Statista. Statista Inc.. Accessed: April 22, 2021. https://www.statista.com/statistics/1111004/eurozone-united-kingdom-number-monetary-financial-institutions-by-type/
ECB. "Number of Monetary Financial Institutions (Mfis) in The United Kingdom (Uk) as of January 2020, by Type." Statista, Statista Inc., 15 Apr 2020, https://www.statista.com/statistics/1111004/eurozone-united-kingdom-number-monetary-financial-institutions-by-type/
ECB, Number of monetary financial institutions (MFIs) in the United Kingdom (UK) as of January 2020, by type Statista, https://www.statista.com/statistics/1111004/eurozone-united-kingdom-number-monetary-financial-institutions-by-type/ (last visited April 22, 2021)