Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Congo
CODFCBODMFLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
200.00%
Date Range
1/1/2012 - 1/1/2013
Summary
This trend measures the number of branches, excluding headquarters, operated by deposit-taking microfinance institutions (MFIs) in the 3 largest cities in the Democratic Republic of the Congo. It provides insights into the geographical outreach and accessibility of MFI services in key urban areas.
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 Deposit Taking Microfinance Institutions (MFIs) for Congo data series tracks the physical branch presence of MFIs in major population centers, which is an important indicator of financial inclusion and access to formal banking services.
Methodology
The data is collected through surveys of registered deposit-taking MFIs operating in the Democratic Republic of the Congo.
Historical Context
This metric is useful for policymakers and development organizations to assess the geographic distribution of microfinance services and identify underserved urban areas.
Key Facts
- The 3 largest cities in the Democratic Republic of the Congo are Kinshasa, Lubumbashi, and Mbuji-Mayi.
- Deposit-taking MFIs play a key role in expanding access to financial services in the DRC.
- This metric excludes the headquarters locations of MFIs to focus on their branch network.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, operated by deposit-taking microfinance institutions (MFIs) in the 3 largest cities in the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the geographical outreach and accessibility of MFI services in key urban areas, which is an important indicator of financial inclusion and access to formal banking services in the DRC.
Q: How is this data collected or calculated?
A: The data is collected through surveys of registered deposit-taking MFIs operating in the Democratic Republic of the Congo.
Q: How is this trend used in economic policy?
A: This metric is useful for policymakers and development organizations to assess the geographic distribution of microfinance services and identify underserved urban areas in the DRC.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags or incomplete coverage of all MFIs operating in the country.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Congo (CODFCBODMFLNUM), retrieved from FRED.