Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Philippines
PHLFCBODCLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,368.00
Year-over-Year Change
30.78%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend measures the number of commercial bank branches located in the three largest cities in the Philippines, excluding the bank headquarters. It provides insights into the geographical reach and accessibility of the Philippine 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 in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Philippines is an indicator that reflects the distribution and availability of commercial banking services across major urban centers in the country. This metric is used by economists and policymakers to assess the inclusiveness and penetration of the financial sector.
Methodology
The data is collected and compiled by the Central Bank of the Philippines.
Historical Context
This trend is relevant for evaluating the accessibility and coverage of the Philippine banking system, which is crucial for financial inclusion and economic development.
Key Facts
- The three largest cities in the Philippines are Manila, Davao, and Cebu.
- The number of commercial bank branches in these cities has grown steadily over the past decade.
- Increasing branch coverage is a key policy objective to enhance financial inclusion in the Philippines.
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 the Philippines, excluding the bank headquarters. It provides insights into the geographical reach and accessibility of the Philippine banking system.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for evaluating the accessibility and coverage of the Philippine banking system, which is crucial for financial inclusion and economic development.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the Central Bank of the Philippines.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the inclusiveness and penetration of the financial sector in the Philippines.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and coverage of the Central Bank of the Philippines.
Related Trends
Number of Identified Exporters to Philippines from Utah
UTPHLA475SCEN
Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Philippines
DDDI04PHA156NWDB
H-Statistic in Banking Market for Philippines
DDOI03PHA066NWDB
Number of Identified Exporters to Philippines from Delaware
DEPHLA475SCEN
Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Philippines
PHLFCMORKNUM
Use of Financial Services, Assets: Outstanding Loans at Other Deposit Takers for Philippines
PHLFCSODDXDC
Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Philippines (PHLFCBODCLNUM), retrieved from FRED.