Total number of banks in the Netherlands 2008-2018

Total number of banks in the Netherlands from 2008 to 2018

by Raynor de Best, last edited Aug 26, 2019
Total number of banks in the Netherlands 2008-2018 This statistic shows the total number of banks in the Netherlands from 2008 to 2018. At the end of 2018, there were 41 banks in the Netherlands. 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 2016, for example, the five largest Dutch credit institutions, which includes the likes of ING, Rabobank and ABN Amro, held approximately 85 percent of the total assets. Secondly, the Dutch banking sector is one of the most concentrated in Europe.

In the period between 2008 and 2018, the total number of banks in the Netherlands decreased from 93 banks in 2008 to 41 banks in 2018. In this period of time, the size of the banking sector as a whole in the Netherlands decreased. The total number of bank offices, for example, reached a total number of approximately 3,400 in 2008. In 2017, this was around 1,600.
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Total number of banks in the Netherlands from 2008 to 2018

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