In 2023, there were 132 banks in Singapore, only six of which were local banks. United Overseas Bank Limited, OCBC Bank and DBS Bank were among the largest local banks in the nation.
Number of banks in Singapore from 2014 to 2023, by type
Characteristic
Local banks
Foreign banks
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Singapore Department of Statistics. (April 17, 2023). Number of banks in Singapore from 2014 to 2023, by type [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1338128/singapore-number-of-banks-by-type/
Singapore Department of Statistics. "Number of banks in Singapore from 2014 to 2023, by type." Chart. April 17, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1338128/singapore-number-of-banks-by-type/
Singapore Department of Statistics. (2023). Number of banks in Singapore from 2014 to 2023, by type. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1338128/singapore-number-of-banks-by-type/
Singapore Department of Statistics. "Number of Banks in Singapore from 2014 to 2023, by Type." Statista, Statista Inc., 17 Apr 2023, https://www.statista.com/statistics/1338128/singapore-number-of-banks-by-type/
Singapore Department of Statistics, Number of banks in Singapore from 2014 to 2023, by type Statista, https://www.statista.com/statistics/1338128/singapore-number-of-banks-by-type/ (last visited July 22, 2024)
Number of banks in Singapore from 2014 to 2023, by type [Graph], Singapore Department of Statistics, April 17, 2023. [Online]. Available: https://www.statista.com/statistics/1338128/singapore-number-of-banks-by-type/