| Flag | Country | Banks | Connect - ivity % |
|---|---|---|---|
 | Albania | 11 | 100.0% |
 | Armenia | 18 | 100.0% |
 | Andorra | 3 | 100.0% |
 | Austria | 78 | 100.0% |
 | Azerbaijan | 24 | 100.0% |
 | Belgium | 64 | 100.0% |
 | Belarus | 19 | 100.0% |
 | Bosnia and Herzegovina | 23 | 95.7% |
 | Bulgaria | 23 | 100.0% |
 | Croatia | 22 | 100.0% |
 | Cyprus | 19 | 100.0% |
 | Czech Republic | 38 | 100.0% |
 | Denmark | 65 | 98.5% |
 | Estonia | 16 | 87.5% |
 | Finland | 35 | 100.0% |
 | France | 170 | 100.0% |
 | Georgia | 16 | 100.0% |
 | Germany | 290 | 100.0% |
 | Greece | 33 | 100.0% |
 | Hungary | 30 | 100.0% |
 | Iceland | 6 | 100.0% |
 | Ireland | 49 | 100.0% |
 | Italy | 169 | 100.0% |
 | Kazakhstan | 29 | 100.0% |
 | Latvia | 15 | 100.0% |
 | Liechtenstein | 11 | 100.0% |
 | Lithuania | 21 | 100.0% |
 | Luxembourg | 96 | 100.0% |
 | Malta | 23 | 100.0% |
 | Moldova | 10 | 100.0% |
 | Monaco | 17 | 100.0% |
 | Montenegro | 11 | 100.0% |
 | North Macedonia | 13 | 100.0% |
 | Netherland | 71 | 100.0% |
 | Norway | 115 | 97.4% |
 | Poland | 55 | 100.0% |
 | Portugal | 57 | 91.2% |
 | Romania | 26 | 96.2% |
 | Russia | 255 | 96.9% |
 | San Marino | 4 | 100.0% |
 | Serbia | 19 | 100.0% |
 | Slovakia | 25 | 100.0% |
 | Slovenia | 13 | 100.0% |
 | Spain | 109 | 99.1% |
 | Sweden | 125 | 97.6% |
 | Switzerland | 217 | 99.1% |
 | Turkey | 68 | 97.1% |
 | Ukraine | 60 | 100.0% |
 | United Kingdom | 236 | 100.0% |
 | Vatican City | 0 | 0.0% |
Banks in Europe
In Europe there are more than 2000 banks in 51 states, we can say that Europe is the continent where the first foundation of banking are set. Countries in Europe, which counted the highest number of banks, are: Germany with around 296 banks, Russia with around 246 different banks, United Kingdom with around 232 banks.
SWIFT-to-Bank Ratio in Europe
When browsing our banking directories, you will notice that the number of SWIFT codes is often lower than the total number of banks. This is known as the SWIFT-to-bank ratio, and it provides insight into a country’s financial infrastructure.
Countries with most banks
Exchange Rate EUR: Tue, 28 Jul.
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✓ Verified: This entry was personally compiled and reviewed by Milan Ignjatovic using primary sources.
Founder & Sole Curator, Bankinfobook | Master Manager of ICT · Graduated Economist
Last Data Review: April 23, 2026