Use of Financial Services, Liabilities: Outstanding Deposits at Other Other Financial Intermediaries for Bangladesh
BGDFCLOFOXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41,404,000,000.00
Year-over-Year Change
363.86%
Date Range
1/1/2004 - 1/1/2017
Summary
The 'Use of Financial Services, Liabilities: Outstanding Deposits at Other Other Financial Intermediaries for Bangladesh' trend measures the volume of deposits held by Bangladeshi households and businesses with non-bank financial institutions.
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
This metric provides insight into the broader financial intermediation and banking activities in the Bangladeshi economy. It is a key indicator of the development and utilization of the country's non-bank financial sector.
Methodology
The data is collected through surveys and regulatory reporting from Bangladeshi financial institutions.
Historical Context
Policymakers and economists analyze this trend to assess financial inclusion and the growth of alternative financing channels.
Key Facts
- Bangladesh has a population of over 160 million people.
- The non-bank financial sector in Bangladesh has seen rapid growth in recent decades.
- Deposits with non-bank institutions are an important source of funding for small businesses.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by Bangladeshi households and businesses with non-bank financial institutions, such as microfinance providers and leasing companies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the development and utilization of Bangladesh's non-bank financial sector, which is an important component of the country's overall financial system and economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys and regulatory reporting from financial institutions operating in Bangladesh.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to assess financial inclusion and the growth of alternative financing channels outside the traditional banking system.
Q: Are there update delays or limitations?
A: The data may be subject to periodic reporting delays, and the coverage of non-bank institutions can vary over time.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Other Other Financial Intermediaries for Bangladesh (BGDFCLOFOXDC), retrieved from FRED.