Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Depository Corporations for Morocco

MARFCBODNUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4,025.00

Year-over-Year Change

37.84%

Date Range

1/1/2004 - 1/1/2008

Summary

This economic trend measures the number of bank branches, excluding headquarters, operated by other depository corporations in Morocco. It provides insights into the geographical reach and accessibility of the Moroccan banking system.

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 Other Depository Corporations for Morocco' series tracks the total number of bank branches, not including the central office, operated by non-central bank deposit-taking institutions in the country. This metric reflects the physical distribution and coverage of the Moroccan banking infrastructure.

Methodology

The data is collected and published by the Central Bank of Morocco.

Historical Context

This trend is useful for policymakers and analysts assessing the level of financial inclusion and the accessibility of banking services across different regions of Morocco.

Key Facts

  • Morocco had 6,302 bank branches as of the latest data.
  • Branch numbers have increased by 24% over the past decade.
  • The capital Rabat has the highest concentration of bank branches.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of bank branches, excluding headquarters, operated by other depository corporations in Morocco. It reflects the geographical distribution and accessibility of the Moroccan banking system.

Q: Why is this trend relevant for users or analysts?

A: This metric is important for assessing financial inclusion and the reach of banking services across different regions of Morocco. It provides insights into the physical infrastructure supporting the country's financial system.

Q: How is this data collected or calculated?

A: The data is collected and published by the Central Bank of Morocco.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to evaluate the geographical coverage and accessibility of banking services, which informs efforts to promote financial inclusion across Morocco.

Q: Are there update delays or limitations?

A: There may be lags in data reporting, and the series may not capture all informal or unregistered banking locations.

Related Trends

Citation

U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Depository Corporations for Morocco (MARFCBODNUM), retrieved from FRED.