As of August 2021, there was a total of 6,008 banks operating in the European Union 27. Across Europe, approximately 2.62 million individuals were employed by credit institutions, with some bank employees looking after more than two hundred customers each.
Germany
In 2021, Germany had almost one thousand more banks operating than any other European country, despite a steady downward trend for years. Germany has three main types of banks, which includes Commercial, savings (or Sparkassen) and Cooperative banks. The German banking industry has total assets worth more than eight trillion euros.
Which is the leading bank in Europe?
HSBC is the largest bank in Europe, 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.
Number of banks in Europe (EU28) as of August 2021, by country
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Statista estimates. (September 1, 2021). Number of banks in Europe (EU28) as of August 2021, by country [Graph]. In Statista. Retrieved July 03, 2022, from https://www.statista.com/statistics/940867/number-of-banks-in-europe-by-country/
Statista estimates. "Number of banks in Europe (EU28) as of August 2021, by country." Chart. September 1, 2021. Statista. Accessed July 03, 2022. https://www.statista.com/statistics/940867/number-of-banks-in-europe-by-country/
Statista estimates. (2021). Number of banks in Europe (EU28) as of August 2021, by country. Statista. Statista Inc.. Accessed: July 03, 2022. https://www.statista.com/statistics/940867/number-of-banks-in-europe-by-country/
Statista estimates. "Number of Banks in Europe (Eu28) as of August 2021, by Country." Statista, Statista Inc., 1 Sep 2021, https://www.statista.com/statistics/940867/number-of-banks-in-europe-by-country/
Statista estimates, Number of banks in Europe (EU28) as of August 2021, by country Statista, https://www.statista.com/statistics/940867/number-of-banks-in-europe-by-country/ (last visited July 03, 2022)
