Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Bangladesh
BGDFCBODMFLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,810.00
Year-over-Year Change
47.76%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend measures the number of branches, excluding headquarters, operated by deposit-taking microfinance institutions (MFIs) in the three largest cities of Bangladesh. It provides insights into the geographic reach and accessibility of microfinance services in the country.
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 in 3 Largest Cities, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Bangladesh data series tracks the physical network of MFI branches, which is a key indicator of financial inclusion and the availability of microfinance services to underserved populations.
Methodology
The data is collected directly from microfinance institutions operating in Bangladesh.
Historical Context
This metric is used by policymakers, regulators, and analysts to assess the growth and accessibility of the microfinance sector in Bangladesh.
Key Facts
- Bangladesh has one of the largest microfinance sectors in the world.
- Microfinance plays a crucial role in financial inclusion and poverty alleviation in Bangladesh.
- The number of MFI branches in major cities is a key indicator of geographic outreach.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, operated by deposit-taking microfinance institutions (MFIs) in the three largest cities of Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the geographic reach and accessibility of microfinance services, which is crucial for understanding financial inclusion and the growth of the microfinance sector in Bangladesh.
Q: How is this data collected or calculated?
A: The data is collected directly from microfinance institutions operating in Bangladesh.
Q: How is this trend used in economic policy?
A: Policymakers, regulators, and analysts use this metric to assess the growth and accessibility of the microfinance sector in Bangladesh, which is an important component of the country's financial system and poverty alleviation efforts.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags or changes in data collection methods by the microfinance institutions.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Bangladesh (BGDFCBODMFLNUM), retrieved from FRED.