Number of banks in Europe 2020, by country

As of January 2020, there was a total of 5,963 banks operating in the European Union 28. Across Europe, approximately 2.67 million individuals were employed by credit institutions in 2018, with some bank employees looking after more than two hundred customers each.


In 2020, 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 2018, Co-operative banks accounted for 879 of the 1.78 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 seventh 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.

Number of banks in Europe (EU28) as of January 2020, by country

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

only $59 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in

Release date

April 2020


Europe, EU

Survey time period

December 31st, 2020

Supplementary notes

Credit institutions.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 / Month *
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Banks in Denmark "

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.