Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Comoros
COMFCBODCLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
300.00%
Date Range
1/1/2010 - 1/1/2015
Summary
This economic trend measures the number of branches operated by commercial banks in the three largest cities in Comoros, excluding their headquarters. It provides insight into the geographical reach and accessibility of banking services 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 Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Comoros metric tracks the branch network of commercial banks beyond their primary locations. This data is used by economists and policymakers to assess financial inclusion and the distribution of banking services across major urban centers.
Methodology
The data is collected by the Central Bank of Comoros through surveys of the country's commercial banking institutions.
Historical Context
This trend is relevant for analyzing the market penetration and accessibility of the Comorian banking system.
Key Facts
- Comoros has 3 major cities: Moroni, Mutsamudu, and Fomboni.
- Commercial banks in Comoros operate a total of 22 branches in these 3 cities.
- The largest city, Moroni, has 12 commercial bank branches.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches located in the three largest cities in Comoros, excluding the banks' headquarters.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the geographical reach and accessibility of banking services across major urban centers in Comoros, which is important for assessing financial inclusion.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Comoros through surveys of the country's commercial banking institutions.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze the market penetration and accessibility of the Comorian banking system.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting by the commercial banks or the Central Bank of Comoros.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Comoros (COMFCBODCLNUM), retrieved from FRED.