Commercial bank branches per 100,000 adults in Portugal from 2014-2023

The number of commercial bank branches in Portugal decreased by 0.6 branches per 100,000 adults (-2.01 percent) in 2023 in comparison to the previous year. As a result, the number of commercial bank branches in Portugal saw its lowest number in 2023 with 29.22 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.

Find more statistics on other topics about Portugal with key insights such as number of automated teller machines (ATMs), ratio of non-performing loans (NLP) to total gross loans, and ratio of bank capital and reserves to total assets.