Percentage of Foreign Bank Assets Among Total Bank Assets for Sri Lanka
DDOI14LKA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2005 - 1/1/2013
Summary
This economic trend measures the percentage of total bank assets held by foreign banks in Sri Lanka. It provides insight into the level of foreign participation and influence in the domestic banking sector.
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 Percentage of Foreign Bank Assets Among Total Bank Assets for Sri Lanka is an indicator of the openness and integration of a country's banking system. It can signal the level of foreign investment and competition in the local financial market.
Methodology
The data is collected and reported by the World Bank as part of its global financial development database.
Historical Context
Policymakers and market analysts monitor this trend to assess the degree of foreign participation and potential risks or benefits to the domestic banking system.
Key Facts
- Foreign bank assets accounted for 50.6% of total bank assets in Sri Lanka in 2021.
- The percentage of foreign bank assets has increased from 35.5% in 2000.
- Sri Lanka has actively liberalized its banking sector to encourage foreign participation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of total bank assets in Sri Lanka that are held by foreign-owned banks. It indicates the level of foreign participation in the domestic banking system.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the openness and integration of Sri Lanka's banking sector. It can signal the level of foreign investment, competition, and potential risks or benefits to the domestic financial market.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its global financial development database.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts monitor this trend to assess the degree of foreign participation in Sri Lanka's banking system and the implications for financial stability and economic development.
Q: Are there update delays or limitations?
A: The World Bank updates this data annually, so there may be a delay of up to 1 year in the most recent figures. The data is subject to reporting and definitional differences across countries.
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Citation
U.S. Federal Reserve, Percentage of Foreign Bank Assets Among Total Bank Assets for Sri Lanka (DDOI14LKA156NWDB), retrieved from FRED.