Total number of bank offices in the Netherlands 2005-2019

In 2019, bank offices located in the Netherlands continued to decline, now reaching less than 1,300 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 2017, for example, the five largest Dutch credit institutions, which includes the likes of ING, Rabobank and ABN Amro, held approximately 84 percent of the total assets. Secondly, the Dutch banking sector is one of the most concentrated in Europe. In the period between 2007 and 2016, the total number of banks in the Netherlands decreased from 99 banks in 2007 to 44 banks in 2017.