Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Deposit Takers for Philippines
PHLFCBODDLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
254.00
Year-over-Year Change
-4.15%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend measures the number of branches, excluding headquarters, of other deposit takers in the three largest cities in the Philippines. It provides insights into the geographical outreach and accessibility of financial services in major urban areas.
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 Deposit Takers for Philippines metric tracks the branch network expansion of financial institutions, such as banks and credit unions, in the country's largest metropolitan areas. This data is useful for analyzing financial inclusion and the evolving landscape of banking services.
Methodology
The data is collected by the Philippine central bank through surveys of other deposit-taking institutions.
Historical Context
Policymakers and financial analysts use this trend to monitor the accessibility and penetration of financial services in key Philippine markets.
Key Facts
- The three largest cities in the Philippines are Manila, Davao, and Cebu.
- Other deposit takers include banks, credit unions, and microfinance institutions.
- The data excludes the headquarters of these financial institutions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, of other deposit-taking institutions in the three largest cities in the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the geographical outreach and accessibility of financial services in major Philippine urban areas, which is important for analyzing financial inclusion and the evolving banking landscape.
Q: How is this data collected or calculated?
A: The data is collected by the Philippine central bank through surveys of other deposit-taking institutions.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use this trend to monitor the accessibility and penetration of financial services in key Philippine markets.
Q: Are there update delays or limitations?
A: The data may be subject to occasional update delays due to the survey-based collection process.
Related Trends
Amount Outstanding of Domestic Debt Securities for General Government Issuers, All Maturities, Residence of Issuer in Philippines
DSAMRIAOGGPH
Use of Financial Services: Key Indicators, Depositors with Credit Unions and Financial Cooperatives Per 1000 Adults for Philippines
PHLFCDODUANUM
Number of Identified Exporters to Philippines from Massachusetts
MAPHLA475SCEN
Number of Bank Branches for Philippines
DDAI02PHA643NWDB
Number of Identified Exporters to Philippines from Missouri
MOPHLA475SCEN
Value of Exports to Philippines from Arkansas
ARPHLA052SCEN
Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Deposit Takers for Philippines (PHLFCBODDLNUM), retrieved from FRED.