Geographical Outreach: Number of Branches, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Bangladesh
BGDFCBODMFNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,070.00
Year-over-Year Change
45.02%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the number of branches, excluding headquarters, for deposit-taking microfinance institutions (MFIs) in Bangladesh. It provides insights into the geographical 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, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Bangladesh metric tracks the branch network of MFIs, which is a key indicator of their ability to serve a wider population and increase financial inclusion.
Methodology
The data is collected and reported by the Central Bank of Bangladesh.
Historical Context
This trend is used by policymakers, development organizations, and analysts to assess the growth and geographic coverage of the microfinance sector in Bangladesh.
Key Facts
- Bangladesh has one of the largest microfinance sectors in the world.
- Microfinance institutions play a crucial role in providing financial services to underserved populations.
- The branch network of MFIs is a key metric for measuring their geographical outreach.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, for deposit-taking microfinance institutions (MFIs) in Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: The branch network of MFIs is a key indicator of their ability to serve a wider population and increase financial inclusion, which is crucial for economic development in Bangladesh.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Bangladesh.
Q: How is this trend used in economic policy?
A: Policymakers, development organizations, and analysts use this trend to assess the growth and geographic coverage of the microfinance sector in Bangladesh.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and methodological changes of the Central Bank of Bangladesh.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Bangladesh (BGDFCBODMFNUM), retrieved from FRED.