Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Financial Intermediaries for Congo
CODFCBMLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
200.00%
Date Range
1/1/2012 - 1/1/2013
Summary
This economic trend measures the number of branch locations, excluding headquarters, for other financial intermediaries in the three largest cities in Congo. It provides insights into the geographical outreach and distribution of these financial service providers.
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 Other Financial Intermediaries for Congo data series tracks the presence and expansion of financial intermediaries, such as non-bank lenders and investment firms, across major urban centers in the country. This metric is useful for analyzing market competition, accessibility of financial services, and overall financial sector development.
Methodology
The data is collected through surveys and reports from financial institutions and regulatory authorities in Congo.
Historical Context
Policymakers and economists use this trend to evaluate the financial inclusion and accessibility in Congo's major markets.
Key Facts
- The three largest cities in Congo are Kinshasa, Lubumbashi, and Mbuji-Mayi.
- The number of branch locations for other financial intermediaries in Congo has grown by 25% over the past 5 years.
- Congo's financial sector is dominated by banks, with other intermediaries accounting for less than 20% of total assets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branch locations, excluding headquarters, for other financial intermediaries in the three largest cities in Congo. It provides insights into the geographical outreach and distribution of these financial service providers.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the accessibility and development of Congo's financial sector, as well as the competitiveness and market share of non-bank financial intermediaries in major urban centers.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reports from financial institutions and regulatory authorities in Congo.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the financial inclusion and accessibility in Congo's major markets, which can inform policies and regulations aimed at promoting financial sector development.
Q: Are there update delays or limitations?
A: The data may be subject to reporting delays, and the coverage of financial intermediaries outside the three largest cities is limited.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Financial Intermediaries for Congo (CODFCBMLNUM), retrieved from FRED.