Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Romania
ROUFCIODDNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2008 - 1/1/2021
Summary
This trend measures the number of institutions classified as 'Other Deposit Takers' in Romania, which includes non-bank financial intermediaries that collect deposits and provide lending. It provides insight into the geographical reach and diversity of the Romanian financial 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 'Other Deposit Takers' category encompasses a range of non-bank financial institutions in Romania that accept deposits and make loans, but are not classified as traditional commercial banks. This metric offers a broad view of the geographic coverage and institutional makeup of Romania's deposit-taking financial sector beyond just commercial banks.
Methodology
The data is collected by the National Bank of Romania through reporting from financial institutions.
Historical Context
Policymakers and analysts use this metric to understand the structure and evolution of Romania's financial system and access to deposit services across the country.
Key Facts
- Romania had 359 'Other Deposit Takers' as of the latest data.
- The number of 'Other Deposit Takers' in Romania has risen by 9% over the past 5 years.
- This metric provides insights into the diversification of Romania's financial system.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of financial institutions in Romania that are classified as 'Other Deposit Takers', which includes non-bank entities that accept deposits and provide lending.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into the geographic coverage and institutional diversity of Romania's deposit-taking financial sector beyond just commercial banks, which is relevant for understanding the structure and evolution of the country's financial system.
Q: How is this data collected or calculated?
A: The data is collected by the National Bank of Romania through reporting from financial institutions operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the geographic reach and institutional composition of Romania's financial system, which can inform policies related to financial inclusion and access to deposit services.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the National Bank of Romania, but there may be some delays in reporting from financial institutions.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Romania (ROUFCIODDNUM), retrieved from FRED.