The number of commercial bank branches in Portugal decreased by 2.2 branches per 100,000 adults (-6.69 percent) in 2021 in comparison to the previous year. This marks the lowest number of commercial bank branches during the observed period. Notably, the number of commercial bank branches is continuously decreasing over the last years. A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. They make money from a variety of fees and by earning interest income from loans. A bank branch is a physical location of a banking corporation.
From source: 'Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.'
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World Bank. (June 28, 2024). Total commercial bank branches per 100,000 adults in Portugal from 2012 to 2021 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/564715/commercial-bank-branches-per-100000-adults-portugal-europe/
World Bank. "Total commercial bank branches per 100,000 adults in Portugal from 2012 to 2021." Chart. June 28, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/564715/commercial-bank-branches-per-100000-adults-portugal-europe/
World Bank. (2024). Total commercial bank branches per 100,000 adults in Portugal from 2012 to 2021. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/564715/commercial-bank-branches-per-100000-adults-portugal-europe/
World Bank. "Total Commercial Bank Branches per 100,000 Adults in Portugal from 2012 to 2021." Statista, Statista Inc., 28 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/564715/commercial-bank-branches-per-100000-adults-portugal-europe/
World Bank, Total commercial bank branches per 100,000 adults in Portugal from 2012 to 2021 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/564715/commercial-bank-branches-per-100000-adults-portugal-europe/ (last visited September 20, 2024)
Total commercial bank branches per 100,000 adults in Portugal from 2012 to 2021 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/564715/commercial-bank-branches-per-100000-adults-portugal-europe/