Table 3.5.    Number of banks in Nordic countries, 1985 and 1998
 

Country

 

1985

 

1998


Finland

 

   654

 

  359

Denmark

 

   166

 

  105

Norway

 

   150

 

  100

Sweden

 

   543

 

  121

Total

 

1 513

 

  685


Source: H. Koskenkylä: Threats and opportunities for today’s European banks (Bank of Finland, 2000), paper submitted to the Institute of Economic Affairs Conference on European Retail Banking, Geneva, 22-23 Feb. 2000.