Commercial Bank Branches per 100k Adults 2007

Mali

In 2007, Mali ranked #141 globally with 2.7874134 branches of commercial banks per 100k adults. This figure is significantly lower than the global average, reflecting the challenges in financial accessibility in the country. Contributing factors include Mali's developing economy, a high rate of informal employment, and limited infrastructure which hinder the expansion of banking services.

Philippines

In 2007, the Philippines ranked #111 globally with 7.464009 branches of commercial banks per 100k adults. This figure is notably lower than the global average, indicating limited access to banking services compared to more developed nations.

The relatively low number of bank branches can be attributed to the country's geographic challenges, including numerous islands that complicate infrastructure development, as well as a significant portion of the population living in rural areas with less access to financial institutions.

Pakistan

In 2007, Pakistan ranked #112 globally with 7.4585514 Commercial Bank Branches per 100k Adults. This figure is notably lower than the global average, reflecting challenges in financial inclusion compared to more developed economies. Contributing factors include a significant rural population with limited access to banking services, as well as economic instability that affects the expansion of financial institutions.

Republic of Moldova

In 2007, the Republic of Moldova ranked #15 globally with 45.211178 branches per 100k Adults for Commercial Bank Branches. This figure is notably higher than the global average, indicating a relatively strong banking presence in the country. The high number of bank branches can be attributed to Moldova's efforts to enhance financial inclusion and stimulate economic growth following its independence, as well as a growing demand for banking services among its population.

Australia

In 2007, Australia ranked #33 globally with 31.690657 branches per 100k Adults for Commercial Bank Branches. This figure is notably higher than that of many regional neighbors, indicating a relatively developed banking infrastructure. The concentration of bank branches in urban areas, coupled with a robust financial services sector, drives this high availability, reflecting Australia's strong economy and population distribution.

Russia

In 2007, Russia ranked #31 globally with 33.66095 branches of commercial banks per 100k adults. This figure is significantly higher than many countries in the region, reflecting a relatively developed banking infrastructure. The expansion of commercial bank branches in Russia can be attributed to the country's growing economy and increased financial services demand following the post-Soviet economic reforms.

San Marino

In 2007, San Marino ranked #1 globally with 276.2849 Commercial Bank Branches per 100k Adults. This figure significantly surpasses the global average, reflecting the country's robust banking sector. The high number of branches can be attributed to San Marino's small population and its status as a financial hub, which encourages a dense network of banking services to cater to both residents and international clients.

Bahamas

In 2007, the Bahamas ranked #22 globally with 38.804226 branches of commercial banks per 100k adults. This figure is notably higher than the global average, reflecting the country's relatively developed financial sector compared to many other nations. The high number of bank branches is driven by the Bahamas' status as a major financial center in the Caribbean, which attracts both local and international banking activities.

Grenada

In 2007, Grenada ranked #34 globally with 30.519814 branches of commercial banks per 100k adults. This figure is notably higher than the global average, reflecting a robust banking infrastructure compared to many Caribbean neighbors. The country's relatively small population and emphasis on tourism-driven economic policies have fostered a competitive banking sector, enabling greater access to financial services for its citizens.

Iran

In 2007, Iran ranked #40 globally with 26.609138 branches per 100k Adults for Commercial Bank Branches. This figure is notably higher than many regional neighbors, reflecting a relatively developed banking infrastructure compared to countries like Afghanistan. Key drivers for this statistic include Iran's large population and the government's emphasis on expanding access to financial services, despite ongoing economic sanctions that have affected the broader economy.