Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Financial Intermediaries for Philippines
PHLFCBMLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
100.00%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend measures the number of branches, excluding headquarters, for other financial intermediaries in the 3 largest cities of the Philippines. It provides insights into the geographical outreach and accessibility of these financial services.
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 Other Financial Intermediaries for Philippines data series tracks the branch network of non-bank financial institutions across the major urban centers of the Philippines. This metric is used by policymakers and analysts to assess the financial inclusion and accessibility of alternative financial services.
Methodology
The data is collected through surveys of financial institutions by the Philippine central bank.
Historical Context
This trend is relevant for evaluating the expansion and geographic coverage of the non-bank financial sector in the Philippines.
Key Facts
- The 3 largest cities in the Philippines are Manila, Davao, and Cebu.
- Other financial intermediaries include microfinance institutions and cooperatives.
- Branch network expansion is a key strategy for improving financial access.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, for other financial intermediaries in the 3 largest cities of the Philippines. It provides insights into the geographic distribution of these non-bank financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating financial inclusion and accessibility, as the branch network of non-bank financial institutions is a key driver of access to alternative financial services.
Q: How is this data collected or calculated?
A: The data is collected through surveys of financial institutions by the Philippine central bank.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the expansion and geographic coverage of the non-bank financial sector in the Philippines, which is relevant for financial inclusion and accessibility goals.
Q: Are there update delays or limitations?
A: There may be occasional delays in data reporting, and the metric does not capture branch activity beyond the 3 largest cities.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Financial Intermediaries for Philippines (PHLFCBMLNUM), retrieved from FRED.