The number of commercial bank branches in Cyprus decreased by 2.6 branches per 100,000 adults (-8.42 percent) in 2021 in comparison to the previous year. As a result, the number of commercial bank branches in Cyprus saw its lowest number in 2021 with 28.26 branches per 100,000 adults. Notably, the number of commercial bank branches is continuously decreasing over the last years. Commercial bank refers to a financial institution whose purpose is to accept deposits from individuals and provide loans and other facilities. They provide basic services of banking to their customers and small to medium-sized businesses. A bank branch is a physical location of a banking corporation.
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World Bank. (May 30, 2024). Total commercial bank branches* per 100,000 adults in Cyprus from 2012 to 2021 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/564609/commercial-bank-branches-per-100000-adults-cyprus-europe/
World Bank. "Total commercial bank branches* per 100,000 adults in Cyprus from 2012 to 2021." Chart. May 30, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/564609/commercial-bank-branches-per-100000-adults-cyprus-europe/
World Bank. (2024). Total commercial bank branches* per 100,000 adults in Cyprus from 2012 to 2021. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/564609/commercial-bank-branches-per-100000-adults-cyprus-europe/
World Bank. "Total Commercial Bank Branches* per 100,000 Adults in Cyprus from 2012 to 2021." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/564609/commercial-bank-branches-per-100000-adults-cyprus-europe/
World Bank, Total commercial bank branches* per 100,000 adults in Cyprus from 2012 to 2021 Statista, https://www.statista.com/statistics/564609/commercial-bank-branches-per-100000-adults-cyprus-europe/ (last visited July 22, 2024)
Total commercial bank branches* per 100,000 adults in Cyprus from 2012 to 2021 [Graph], World Bank, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/564609/commercial-bank-branches-per-100000-adults-cyprus-europe/