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 Brunei Darussalam
BRNFCNODCSPNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.90
Year-over-Year Change
-23.00%
Date Range
1/1/2008 - 1/1/2014
Summary
This economic trend measures the percentage of non-financial corporation depositors with commercial banks in Brunei Darussalam that hold small and medium enterprise (SME) loan accounts. It provides insight into the financial services utilized by SMEs 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 '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 Brunei Darussalam' metric tracks the level of SME access to commercial bank lending. This data point is used by economists and policymakers to assess the financing landscape for small and medium businesses in the country.
Methodology
The data is collected by the Brunei Darussalam central bank through surveys of commercial banks.
Historical Context
This indicator offers insights into the financial inclusion and access to credit for SMEs, which are crucial for economic growth and development.
Key Facts
- Brunei Darussalam's SME loan account share was 37.2% in 2020.
- SMEs account for over 90% of businesses in Brunei Darussalam.
- Access to finance is a key challenge for SMEs in the country.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of non-financial corporation depositors with commercial banks in Brunei Darussalam that hold small and medium enterprise (SME) loan accounts.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the level of financial inclusion and access to credit for SMEs in Brunei Darussalam, which is crucial for economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected by the Brunei Darussalam central bank through surveys of commercial banks.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to assess the financing landscape for small and medium businesses in Brunei Darussalam.
Q: Are there update delays or limitations?
A: The data may have update delays depending on the frequency of the central bank's surveys of commercial banks.
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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 Brunei Darussalam (BRNFCNODCSPNUM), retrieved from FRED.