Number of banks in Italy 2023, by region
As of December 31, 2023, Lombardy was the Italian region with the highest number of banks, with 126 banking institutions, followed by Trentino South-Tyrol and Lazio which counted 62 and 44 banks, respectively. By definition, a bank is a financial institution which receives deposits and makes loans. Also, it performs several financial services such as wealth management and currency exchange.