Foreign banks among total banks in Seychelles
Seychelles: Foreign banks among total banks was 40.0% in 2013. ▲ Rising
Foreign banks among total banks in Seychelles, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
In 2013, foreign banks among total banks in Seychelles stood at 40.0%. That is the highest value across all 19 years on record.
The figure is unchanged over ten years.
Over the whole period, foreign banks among total banks in Seychelles peaked at 40.0% in 2003 and was at its lowest, 25.0%, in 1998.
Seychelles ranks 70th of 137 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks in Seychelles, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 33.0% | — |
| 1996 | 33.0% | +0.0% |
| 1997 | 33.0% | +0.0% |
| 1998 | 25.0% | -24.2% |
| 1999 | 25.0% | +0.0% |
| 2000 | 25.0% | +0.0% |
| 2001 | 25.0% | +0.0% |
| 2002 | 25.0% | +0.0% |
| 2003 | 40.0% | +60.0% |
| 2004 | 40.0% | +0.0% |
| 2005 | 40.0% | +0.0% |
| 2006 | 40.0% | +0.0% |
| 2007 | 40.0% | +0.0% |
| 2008 | 40.0% | +0.0% |
| 2009 | 40.0% | +0.0% |
| 2010 | 40.0% | +0.0% |
| 2011 | 40.0% | +0.0% |
| 2012 | 40.0% | +0.0% |
| 2013 | 40.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.8% | 25.0% | 33.0% | 5 |
| 2000s | 35.5% | 25.0% | 40.0% | 10 |
| 2010s | 40.0% | 40.0% | 40.0% | 4 |
Countries ranked near Seychelles
More financial sector data for Seychelles
- Net domestic credit (current LCU), per capita 80,050 current LCU per person (2016)
- Net domestic credit (current LCU), per unit of GDP 4.83 current LCU per US$ of GDP (2016)
- Net domestic credit (current LCU), annual growth rate 16.18 % change on previous year (2016)
- Reserves excluding gold, foreign exchange 579.47 million SDR (2024)
- Reserves excluding gold 593.25 million SDR (2024)
- Total reserves (gold at market value) 593.25 million SDR (2024)
- Total reserves (gold at national valuation) 593.25 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 4,889 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 16.57 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 4,889 SDR per person (2024)
Frequently asked questions
- What is foreign banks among total banks in Seychelles?
- Foreign banks among total banks in Seychelles was 40.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Seychelles?
- The highest recorded value was 40.0% in 2003.
- What is the lowest foreign banks among total banks recorded in Seychelles?
- The lowest recorded value was 25.0% in 1998.
- How does Seychelles rank for foreign banks among total banks?
- Seychelles ranks 70th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Seychelles?
- Over the last ten years it is unchanged. The long-run trend across the full record is rising.
- Where does this Seychelles data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.