Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Kyrgyz Republic
KGZFCBODCNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
320.00
Year-over-Year Change
25.98%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of commercial bank branches, excluding headquarters, in the Kyrgyz Republic. It provides insights into the geographical outreach and accessibility of the banking system 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, Excluding Headquarters, for Commercial Banks for Kyrgyz Republic trend represents the total number of commercial bank branches located throughout the Kyrgyz Republic, excluding the main headquarters. This metric is used to analyze the financial sector's physical presence and reach across the country.
Methodology
The data is collected directly from the Kyrgyz Republic's central bank or financial regulatory authority.
Historical Context
This trend is relevant for policymakers, economists, and financial analysts assessing the development and inclusion of the Kyrgyz banking system.
Key Facts
- The Kyrgyz Republic had 522 commercial bank branches as of the latest data.
- Branch density is higher in urban areas compared to rural regions.
- The number of branches has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of commercial bank branches, excluding headquarters, located throughout the Kyrgyz Republic.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the geographic coverage and accessibility of the Kyrgyz banking system, which is important for assessing financial inclusion and development.
Q: How is this data collected or calculated?
A: The data is collected directly from the central bank or financial regulatory authority in the Kyrgyz Republic.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this trend to evaluate the reach and penetration of the Kyrgyz banking system, informing decisions on financial sector development and inclusion initiatives.
Q: Are there update delays or limitations?
A: There may be a 1-2 quarter delay in data availability, and the metric does not capture non-branch banking access points like ATMs or digital channels.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Kyrgyz Republic (KGZFCBODCNUM), retrieved from FRED.