Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Brazil
BRAFCBODULNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.00
Year-over-Year Change
180.95%
Date Range
1/1/2005 - 1/1/2015
Summary
This trend measures the number of branches in Brazil's three largest cities, excluding headquarters, for credit unions and financial cooperatives. It provides insights into the geographical outreach of these 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
The Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Brazil trend tracks the expansion and distribution of these financial institutions across major urban centers in the country.
Methodology
The data is collected by Brazil's central bank through regulatory reporting by credit unions and financial cooperatives.
Historical Context
This metric is used by policymakers and analysts to assess the accessibility and penetration of cooperative financial services.
Key Facts
- Brazil has over 1,000 credit unions and financial cooperatives.
- The three largest cities account for a significant share of the total branch network.
- Cooperative financial institutions play a key role in expanding access to banking services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches operated by credit unions and financial cooperatives in Brazil's three largest cities, excluding their headquarters.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the geographical outreach and accessibility of cooperative financial services, which is important for understanding financial inclusion and regional development.
Q: How is this data collected or calculated?
A: The data is collected by Brazil's central bank through regulatory reporting by credit unions and financial cooperatives.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the penetration and accessibility of cooperative financial institutions across major urban centers in Brazil.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and processes of Brazil's central bank, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Brazil (BRAFCBODULNUM), retrieved from FRED.