Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Loan Accounts with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Bangladesh
BGDFCNODCSPNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.51
Year-over-Year Change
268.61%
Date Range
1/1/2004 - 1/1/2014
Summary
This economic indicator measures the percentage of non-financial corporation depositors with commercial banks in Bangladesh that have small and medium enterprise (SME) loan accounts. It provides insights into the use of financial services by SMEs, a key segment of the economy.
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 'Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Loan Accounts with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Bangladesh' series tracks the proportion of commercial bank depositors that are non-financial corporations with active SME loan accounts. This metric offers visibility into SME access to credit and the overall financial inclusion of small businesses.
Methodology
The data is collected and calculated by the Bangladesh Bank, the central bank of Bangladesh.
Historical Context
This indicator is used by policymakers, economists, and financial institutions to assess the state of SME financing and gauge the effectiveness of initiatives aimed at improving small business access to credit.
Key Facts
- SMEs account for over 90% of all enterprises in Bangladesh.
- Access to credit is a key challenge for many Bangladeshi SMEs.
- This indicator tracks a subset of SME financial inclusion in the country.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of non-financial corporation depositors with commercial banks in Bangladesh that have active small and medium enterprise (SME) loan accounts.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financial inclusion and access to credit for SMEs, a critical segment of the Bangladeshi economy. It is used by policymakers, economists, and financial institutions to assess SME financing conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bangladesh Bank, the central bank of Bangladesh.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers, economists, and financial institutions to evaluate the effectiveness of initiatives aimed at improving small business access to credit and overall financial inclusion in Bangladesh.
Q: Are there update delays or limitations?
A: The data is published regularly by the Bangladesh Bank, but there may be occasional delays or limitations in reporting, as with any economic statistic.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Loan Accounts with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Bangladesh (BGDFCNODCSPNUM), retrieved from FRED.