The number of commercial bank branches in Nigeria was forecast to continuously increase between 2024 and 2029 by in total 519 branches (+8.86 percent). After the eighth consecutive increasing year, the number is estimated to reach 6,378 branches and therefore a new peak in 2029. According to the IMF and World Bank, commercial bank branches can be defined as retail locations of commercial banks which provide financial services and are physically but not legally separated from the banks main office.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).

Forecast: Number of Commercial Bank Branches in Nigeria 2022 - 2026 Discover more data with ReportLinker!

Commercial bank branches (per 100,000 adults) in Nigeria was reported at 4.3649 Banks in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nigeria - Commercial bank branches (per 100;000 adults) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Graph and download economic data for Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Nigeria (NGAFCBODCANUM) from 2004 to 2023 about branches, Nigeria, banks, and depository institutions.

The total number of ATMs in Nigeria was forecast to continuously increase between 2024 and 2029 by in total 5.2 thousand ATMs (+21.11 percent). After the seventeenth consecutive increasing year, the number of ATMs is estimated to reach 29.8 thousand ATMs and therefore a new peak in 2029. Depicted is the total number of automated teller machines (ATMs). ATMs are computerized devices situated in a public place, which providing clients of financial institutions with access to transactions.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the total number of ATMs in countries like Senegal and Ghana.

Nigeria NG: Branches: per 100,000 Adults: Commercial Banks data was reported at 5.363 Number in 2016. This records a decrease from the previous number of 5.418 Number for 2015. Nigeria NG: Branches: per 100,000 Adults: Commercial Banks data is updated yearly, averaging 5.548 Number from Dec 2004 (Median) to 2016, with 13 observations. The data reached an all-time high of 6.561 Number in 2010 and a record low of 3.779 Number in 2006. Nigeria NG: Branches: per 100,000 Adults: Commercial Banks data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Banking Indicators. 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.; ; International Monetary Fund, Financial Access Survey.; Median; Country-specific metadata can be found on the IMF’s FAS website at http://fas.imf.org.

Bank branches per 100,000 adults in Nigeria was reported at 4.4466 bank branches in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nigeria - Bank branches per 100,000 adults - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

The introduction of new much higher minimum capital requirements and the subsequent banking sector consolidation created a platform for Nigerian banks to expand within the region and more globally. After capitalization, several Nigerian banks found themselves with large amounts of capital while there was an environment of uncertainty about the situation in Nigeria in the aftermath of the 2009 Nigerian banking crisis. This together with new market expansion opportunities gave an impulse to a number of Nigerian banks to quickly expand within West and Central Africa, as well as more globally. The global crisis itself provided Nigerian banks with opportunities to expand within Sub-Saharan Africa (SSA). With Nigerian banks' presence in many countries in the region and more globally, the Central Bank of Nigeria (CBN) needed to overhaul its traditional supervisory practices and embark on rigorous supervision of its banks on a consolidated basis taking into account all their subsidiaries and branches abroad-a task with which even advanced supervisors still struggle. This note focuses on issues of cross-border coordination and provides policy recommendations that could be taken into consideration by the CBN. Section two provides a brief description of the expansion and cross-border liquidity flows of some Nigerian banks. Section three focuses on issues related to supervisory cross-border coordination. Section four offers some recommendations. Several Nigerian banks have expanded abroad, primarily within West and Central Africa over the recent years. Banks in Nigeria with international activities have to maintain a Capital Adequacy Ratio (CAR) of at least 15 percent, compared with the CAR requirement of 10 percent for the other Nigerian banks. At least two of those banks with headquarters in Nigeria have subsidiaries across Africa and representative offices and/or subsidiaries in Europe. One regional bank has headquarters in Togo, while its main subsidiary with about 44 percent of the total assets domiciles in Nigeria. Cross-border liquidity flows of Nigerian banks fluctuated from month to month in 2012, as Nigerian banks have been becoming more active in the region. According to the CBN, initial experiences have been encouraging, but it faces some serious challenges in further strengthening of cross-border supervision. A recent CBN circular issued in May 2012, restricting Nigerian banks' capacity to capitalize their foreign subsidiaries, will seem to be an unnecessary restriction on an activity that will generally be managed through the supervisory process.

Nigeria Commercial & Non Interest Banks: Liabilities: Foreign Liabilities: Balance Held for Offices & Branches Abroad data was reported at 144,648.000 NGN mn in May 2018. This records an increase from the previous number of 0.000 NGN mn for Apr 2018. Nigeria Commercial & Non Interest Banks: Liabilities: Foreign Liabilities: Balance Held for Offices & Branches Abroad data is updated monthly, averaging 1,949.675 NGN mn from Dec 2001 (Median) to May 2018, with 198 observations. The data reached an all-time high of 149,137.223 NGN mn in Feb 2015 and a record low of -13,113.177 NGN mn in Mar 2014. Nigeria Commercial & Non Interest Banks: Liabilities: Foreign Liabilities: Balance Held for Offices & Branches Abroad data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.KB003: Balance Sheet: Commercial & Non Interest Banks.

As of 2022, the number of Absa Bank branches around the globe downscaled from a total of 989 in the previous year to 919. South Africa had the largest number of Absa Bank branches with 559. Kenya and Ghana completed the top three with 83 and 52 branches, respectively. However, Mauritius had the most notable change, with a reduction of 31 branches since the period prior.

商业银行和非利息业务：债务：国外负债：为海外办事处及分支机构持有的结余在05-01-2018达144,648.000百万尼日利亚奈拉，相较于04-01-2018的0.000百万尼日利亚奈拉有所增长。商业银行和非利息业务：债务：国外负债：为海外办事处及分支机构持有的结余数据按月更新，12-01-2001至05-01-2018期间平均值为1,949.675百万尼日利亚奈拉，共198份观测结果。该数据的历史最高值出现于02-01-2015，达149,137.223百万尼日利亚奈拉，而历史最低值则出现于03-01-2014，为-13,113.177百万尼日利亚奈拉。CEIC提供的商业银行和非利息业务：债务：国外负债：为海外办事处及分支机构持有的结余数据处于定期更新的状态，数据来源于Central Bank of Nigeria，数据归类于Global Database的尼日利亚 – 表 NG.KB003：资产负债表：商业银行和非利息业务。