Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for United Arab Emirates
AREFCBODCNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
561.00
Year-over-Year Change
-34.08%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of commercial bank branches, excluding headquarters, in the United Arab Emirates. It provides insight into the geographical outreach and accessibility of the banking sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for United Arab Emirates tracks the total number of commercial bank branch locations across the country, excluding the central headquarters. This metric is used to analyze the expansion and accessibility of the UAE's banking infrastructure.
Methodology
The data is collected by the Central Bank of the United Arab Emirates.
Historical Context
This trend is relevant for policymakers, economists, and financial analysts studying the development and inclusiveness of the UAE's banking system.
Key Facts
- The number of commercial bank branches in the UAE has grown steadily over the past decade.
- Expanding banking access is a key priority for economic policymakers in the UAE.
- The UAE has one of the most developed banking sectors in the Middle East region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of commercial bank branch locations in the United Arab Emirates, excluding the central headquarters.
Q: Why is this trend relevant for users or analysts?
A: The geographical outreach of the banking sector is an important indicator of financial inclusion and accessibility for consumers and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of the United Arab Emirates.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate the development and expansion of the UAE's banking infrastructure.
Q: Are there update delays or limitations?
A: The data is published with a short delay, and may not capture all branch locations or closures in real-time.
Related Trends
People 15 Years and Over Saving at a Financial Institution in the Past Year for United Arab Emirates
DDAI06AEA156NWDB
Value of Exports to United Arab Emirates from Kansas
KSAREA052SCEN
External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for United Arab Emirates
DDOI10AEA156NWDB
Number of Identified Exporters to United Arab Emirates from Alabama
ALAREA475SCEN
Infant Mortality Rate for the United Arab Emirates
SPDYNIMRTINARE
Number of Identified Exporters to United Arab Emirates from New Jersey
NJAREA475SCEN
Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for United Arab Emirates (AREFCBODCNUM), retrieved from FRED.