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Commercial Bank Branches in Developing Countries: Branching Out

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Get to Know the Number of Commercial Bank Branches per 100,000 Adults
The World Map Depicts the Number of Commercial Bank Branches per 100,000 Adults in Each Nation

 

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Every commercial bank has a set of branches in a city which makes banking easier for customers. More branches ensure that people do not have to travel long distances to indulge in transactions at the main bank. Further, more branches lead to less crowding and efficient banking.

According to a World Bank data, in 2015 the South American nation of Colombia stood at the number one spot with the most bank branches. The data stated that in Colombia there were 257.7 commercial bank branches per 100,000 adults in 2015. The European nation of San Marino came close at the second spot with 238.9 commercial bank branches per 100,000 adults. Though Luxembourg occupied the third place, but it was well behind San Marino in terms of numbers. According to the World Bank data, the nation reported 76.9 commercial banks per 100,000 adults. However, this was a climbdown from the figure of 110.9 that Luxembourg reported in 2004.

The European nations had a decent figure with the European Union reporting 27.5 commercial banks per 100,000 adults. The European nations, on the whole, showed great disparity reporting the numbers. While on he higher side it had San Marino, it also had Ukraine, on the extreme lower side, which had a dismal figure of 0.6 commercial banks per 100,000 adults. The figure was also the lowest among the World Bank’s list of countries. The average in South Asia stood at 9.5 commercial banks per 100,000 adults with Sri Lanka at the higher end, with 18.6 and Bangladesh at the lower end, with 8.4. Australia, New Zealand, United States and Canada reported figures of 28.7, 29, 32.9 and 23.6 respectively.

(Data sourced from World Bank)

 

Country Commercial Banks per 100,000 adults (2015)
Colombia 257.70
San Marino 238.85
Luxembourg 76.88
Ecuador 75.75
Mongolia 70.44
Spain 67.53
Bulgaria 60.36
Seychelles 54.84
Portugal 50.63
Italy 49.49
Switzerland 44.29
St. Kitts and Nevis 43.27
Montenegro 43.06
Malta 40.10
Macao SAR, China 38.93
Belgium 38.52
France 37.52
Uzbekistan 37.23
Iceland 37.18
Cyprus 35.89
Guatemala 34.41
Grenada 34.38
Japan 34.14
Cabo Verde 33.86
Croatia 33.46
Russian Federation 32.88
United States 32.87
Georgia 31.92
Slovenia 31.22
Poland 31.15
Sao Tome and Principe 31.13
Iran, Islamic Rep. 30.98
Antigua and Barbuda 30.16
Tonga 29.79
Bahamas, The 29.66
Serbia 29.62
New Zealand 29.04
Australia 28.72
Romania 28.69
Slovak Republic 28.22
Bosnia and Herzegovina 27.91
Greece 26.82
Macedonia, FYR 24.74
Denmark 24.74
Morocco 24.61
Lebanon 24.56
Mauritius 23.95
Czech Republic 23.65
Canada 23.62
Panama 23.59
Costa Rica 22.33
Hong Kong SAR, China 22.33
Armenia 22.21
Albania 21.93
Samoa 21.46
Vanuatu 21.43
Honduras 21.16
Belize 21.02
Brazil 20.67
Marshall Islands 20.65
St. Vincent and the Grenadines 20.58
Kosovo 20.58
Brunei Darussalam 20.28
Ireland 20.14
Israel 20.06
Tunisia 19.90
St. Lucia 19.69
Dominica 19.39
Sweden 19.32
Turkey 19.13
Aruba 18.86
Sri Lanka 18.58
Jordan 18.26
Latvia 18.00
Indonesia 17.76
Korea, Rep. 16.92
Barbados 16.14
Chile 16.01
Venezuela, RB 15.93
Bhutan 15.35
Bolivia 15.32
Hungary 15.15
Kuwait 14.79
Zimbabwe 14.38
Germany 14.06
Mexico 14.00
Netherlands 13.95
Austria 13.86
Oman 13.56
India 13.55
Argentina 13.21
Trinidad and Tobago 12.99
Namibia 12.78
Thailand 12.62
Dominican Republic 12.57
Qatar 12.44
Fiji 12.27
Paraguay 12.16
Maldives 12.13
Uruguay 11.98
Angola 11.75
Estonia 11.17
Suriname 11.07
West Bank and Gaza 10.97
Malaysia 10.66
Azerbaijan 10.52
South Africa 10.50
Pakistan 10.04
Moldova 10.02
Singapore 9.33
Gambia, The 9.05
Saudi Arabia 8.93
Nepal 8.86
Philippines 8.84
China 8.45
Guyana 8.42
Bangladesh 8.37
Kyrgyz Republic 8.27
Nicaragua 8.13
Peru 8.13
Finland 8.07
Botswana 7.93
Norway 7.72
Mauritania 7.30
Ghana 7.17
Equatorial Guinea 6.82
Swaziland 6.70
Djibouti 6.36
Rwanda 6.14
Cambodia 6.10
Kenya 5.85
Mali 5.74
Jamaica 5.42
Algeria 5.25
Timor-Leste 5.02
Togo 4.98
Nigeria 4.94
Iraq 4.88
Cote d’Ivoire 4.83
Zambia 4.68
Egypt, Arab Rep. 4.65
Senegal 4.61
Mozambique 4.14
Solomon Islands 3.96
Congo, Rep. 3.96
Vietnam 3.80
Malawi 3.28
Myanmar 3.27
Benin 3.26
Sudan 3.17
Uganda 2.98
Kazakhstan 2.96
Lao PDR 2.93
Burundi 2.90
Papua New Guinea 2.78
Comoros 2.76
Burkina Faso 2.71
Tanzania 2.48
Guinea-Bissau 2.47
Guinea 2.35
Afghanistan 2.25
Madagascar 2.07
Yemen, Rep. 1.59
Niger 1.50
South Sudan 1.40
Congo, Dem. Rep. 1.01
Chad 0.99
Belarus 0.89
Ukraine 0.56

 

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