Number Of Financial Institutions In Singapore, Annual
Description
Annual counts of financial institutions in Singapore from 1989 through 2026, sourced from the Monetary Authority of Singapore via SingStat. Figures are as at end-March each year. Financial-sector analysts track the size and composition of Singapore’s financial industry over time. Adapted from SingStat TableBuilder TS/M700411.
Official description
Source: MONETARY AUTHORITY OF SINGAPORE Data Last Updated: 06/07/2026 Update Frequency: Annual Footnotes: Data as at end March of each year. Adapted from: https://tablebuilder.singstat.gov.sg/table/TS/M700411
- Last updated
- Coverage
- 1989-01-01 – 2026-12-31
- Rows
- 40
- Columns
- 39
Chart
Values are summed where multiple rows share the same category.
Data
| Data Series | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Banks | 131 | 133 | 132 | 132 | 131 | 131 | 132 | 131 | 127 | 128 | 124 | 126 | 124 | 123 | 123 | 120 | 120 | 114 | 113 | 108 | 108 | 111 | 115 | 117 | 120 | 133 | 140 | 142 | 154 | 152 | 143 | 140 | 132 | 128 | 131 | 137 | 141 | 136 |
| Local | 6 | 6 | 6 | 6 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 7 | 6 | 6 | 5 | 5 | 5 | 5 | 5 | 6 | 8 | 8 | 9 | 12 | 12 | 12 | 12 | 13 | 13 | 13 | 13 | 13 | 13 |
| Full Banks | 6 | 6 | 6 | 6 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 5 | 5 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 | 6 | 8 | 8 | 9 | na | na | na | na | na | na | na | na | na | na |
| Wholesale Banks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na |
| Foreign | 125 | 127 | 126 | 126 | 127 | 127 | 128 | 127 | 123 | 123 | 119 | 121 | 119 | 117 | 117 | 114 | 113 | 108 | 107 | 103 | 103 | 106 | 110 | 112 | 114 | 125 | 132 | 133 | 142 | 140 | 131 | 128 | 119 | 115 | 118 | 124 | 128 | 123 |
| Full Banks | 30 | 30 | 30 | 30 | 30 | 30 | 29 | 30 | 29 | 29 | 28 | 28 | 28 | 27 | 26 | 26 | 25 | 27 | 24 | 24 | 24 | 24 | 23 | 22 | 22 | 23 | 23 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Wholesale Banks | 95 | 97 | 96 | 96 | 97 | 97 | 99 | 97 | 92 | 57 | 53 | 56 | 55 | 53 | 52 | 50 | 46 | 41 | 42 | 36 | 34 | 35 | 37 | 31 | 33 | 20 | 16 | 13 | 13 | 13 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Banking Offices Including Head Offices And Main Offices | 312 | 315 | 318 | 319 | 334 | 347 | 371 | 397 | 405 | 428 | 428 | 429 | 425 | 425 | 432 | 428 | 421 | 409 | 408 | 399 | 397 | 396 | 398 | 404 | 444 | 485 | 538 | 561 | 474 | na | na | na | na | na | na | na | na | na |
| Finance Companies | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 7 | 11 | 14 | 15 | 19 | 19 | 22 | 23 | 27 | 27 | 27 | 27 | 28 | 30 |
| Finance Companies' Offices Including Head Offices | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 59 | 65 | 79 | 101 | 109 | 119 | 125 | 128 | 128 | 131 | 130 | 129 | 135 | 137 | 135 |
| Merchant Banks | 21 | 21 | 21 | 22 | 21 | 21 | 24 | 27 | 30 | 32 | 34 | 38 | 39 | 42 | 46 | 47 | 46 | 50 | 49 | 49 | 48 | 48 | 51 | 53 | 55 | 58 | 63 | 70 | 80 | 80 | 79 | 77 | 76 | 78 | 76 | 71 | 68 | 65 |
| Insurance Companies | 208 | 212 | 217 | 217 | 216 | 207 | 191 | 186 | 184 | 186 | 186 | 181 | 177 | 168 | 164 | 157 | 158 | 158 | 151 | 153 | 149 | 140 | 138 | 144 | 144 | 151 | 153 | 159 | 164 | 154 | 146 | 141 | 142 | 140 | 136 | 135 | 124 | 110 |
| Direct Insurers | 77 | 76 | 76 | 76 | 77 | 79 | 76 | 77 | 78 | 81 | 79 | 80 | 79 | 72 | 70 | 63 | 64 | 62 | 59 | 61 | 56 | 55 | 55 | 56 | 53 | 54 | 55 | 59 | 61 | 59 | 59 | 58 | 58 | 58 | 60 | 60 | 57 | 57 |
| Professional Reinsurers | 36 | 39 | 46 | 51 | 50 | 42 | 33 | 31 | 31 | 31 | 32 | 31 | 31 | 28 | 29 | 28 | 26 | 27 | 25 | 27 | 28 | 28 | 32 | 36 | 42 | 46 | 47 | 49 | 51 | 45 | 38 | 35 | 36 | 36 | 32 | 29 | 25 | 19 |
| Captive Insurers | 87 | 89 | 88 | 83 | 84 | 81 | 77 | 73 | 70 | 70 | 70 | 64 | 61 | 62 | 59 | 60 | 62 | 63 | 62 | 60 | 60 | 57 | 51 | 52 | 49 | 51 | 51 | 51 | 52 | 50 | 49 | 48 | 48 | 46 | 44 | 46 | 42 | 34 |
| Authorised Reinsurers | 8 | 8 | 7 | 7 | 5 | 5 | 5 | 5 | 5 | 4 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na |
| Insurance Brokers | 109 | 107 | 107 | 103 | 102 | 92 | 87 | 83 | 80 | 77 | 75 | 74 | 71 | 69 | 67 | 64 | 63 | 66 | 65 | 62 | 63 | 61 | 61 | 57 | 90 | 88 | na | na | na | na | na | na | na | na | na | na | na | na |
| Banks | 27 | 29 | 32 | 33 | 36 | 37 | 40 | 39 | 40 | 42 | 39 | 37 | 36 | 38 | 36 | 34 | 30 | 36 | 45 | 43 | 42 | 45 | 49 | 51 | 55 | 62 | 66 | 69 | 68 | 61 | 55 | 54 | 47 | 50 | 50 | 46 | 42 | 43 |
| Money Brokers | 0 | 0 | 0 | 1 | 1 | 2 | 7 | 11 | 13 | 12 | 12 | 10 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 9 | 10 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 8 | 10 | 11 | 10 | 8 | 7 | 7 | 8 | 8 |
| Licensed Financial Advisers | 71 | 71 | 67 | 64 | 61 | 63 | 65 | 64 | 65 | 61 | 62 | 60 | 58 | 62 | 67 | 67 | 71 | 73 | 69 | 67 | 61 | 56 | 52 | 49 | na | na | na | na | na | na | na | na | na | na | na | na | na | na |
| Capital Markets Services Licensees | 1558 | 1515 | 1196 | 1132 | 1042 | 937 | 850 | 757 | 668 | 584 | 533 | 493 | 443 | 295 | 250 | 251 | 224 | 221 | 215 | 183 | 171 | 168 | 163 | 166 | 224 | 247 | 243 | 226 | - | 89 | 82 | 81 | 78 | na | na | na | na | na |
| Dealing In Capital Markets Products | 299 | 289 | 280 | 270 | 254 | 232 | 230 | 221 | 184 | 165 | 150 | 136 | 132 | 117 | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na | na |
| Advising On Corporate Finance | 57 | 56 | 57 | 58 | 54 | 54 | 51 | 49 | 45 | 46 | 40 | 42 | 40 | 37 | 34 | 33 | 34 | 37 | 37 | 36 | 33 | 30 | 26 | 22 | na | na | na | na | na | na | na | na | na | na | na | na | na | na |
| Fund Management | 1098 | 1083 | 765 | 732 | 667 | 599 | 541 | 495 | 457 | 404 | 367 | 335 | 289 | 158 | 119 | 118 | 107 | 113 | 110 | 97 | 92 | 91 | 94 | 90 | 167 | 167 | 154 | 148 | 156 | 156 | 151 | na | na | na | na | na | na | na |
| Product Financing | 33 | 29 | 31 | 29 | 22 | 19 | 21 | 18 | 18 | 18 | 17 | 17 | 17 | 17 | 17 | 18 | 17 | 16 | 16 | 15 | 16 | 15 | 13 | 13 | na | na | na | na | na | na | na | na | na | na | na | na | na | na |
Columns
| Column | Type | Categorical |
|---|---|---|
| Data Series | Text | No |
| 2026 | Text | No |
| 2025 | Text | No |
| 2024 | Numeric | No |
| 2023 | Numeric | No |
| 2022 | Numeric | No |
| 2021 | Text | No |
| 2020 | Text | No |
| 2019 | Text | No |
| 2018 | Text | No |
| 2017 | Text | No |
| 2016 | Text | No |
| 2015 | Text | No |
| 2014 | Text | No |
| 2013 | Text | No |
| 2012 | Text | No |
| 2011 | Text | No |
| 2010 | Text | No |
| 2009 | Text | No |
| 2008 | Text | No |
| 2007 | Text | No |
| 2006 | Text | No |
| 2005 | Text | No |
| 2004 | Text | No |
| 2003 | Text | No |
| 2002 | Text | No |
| 2001 | Text | No |
| 2000 | Text | No |
| 1999 | Text | No |
| 1998 | Text | No |
| 1997 | Text | No |
| 1996 | Text | No |
| 1995 | Text | No |
| 1994 | Text | No |
| 1993 | Text | No |
| 1992 | Text | No |
| 1991 | Text | No |
| 1990 | Text | No |
| 1989 | Text | No |