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Number of banks in Europe 2017, by country

Number of banks in Europe (EU28) in 2017, by country

by James Cherowbrier, last edited Aug 9, 2019
Number of banks in Europe 2017, by country At the end of 2017, there was a total of 6,250 banks operating in the European Union. Across Europe, approximately 2.75 million individuals were employed by credit institutions, with some bank employees looking after more than two hundred customers each. Europe’s banks had total assets of approximately 3.6 trillion euros in 2017.

In 2017, Germany had almost one thousand more banks operating than any other European country. Germany has three main types of banks, which includes Commercial, savings (or Sparkassen) and Cooperative banks. As of 2017, Co-operative banks accounted for 919 of the 1.6 thousand banks in operation. Between 2013 and 2017, almost one thousand co-operative banks closed.

Europe’s leading banks

Europe’s largest bank, HSBC Holdings was the sixth largest bank Globally in terms of market capitalization. The British headquartered bank also led Europe in terms of assets and Tier one capital. The UK giant was third in terms of revenue.
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Number of banks in Europe (EU28) in 2017, by country

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