Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Russian Federation
RUSFCBODCNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,912.00
Year-over-Year Change
-45.09%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the number of commercial bank branches, excluding headquarters, in the Russian Federation. It provides insights into the geographical outreach and accessibility of the country's 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 Commercial Banks for Russian Federation data series tracks the physical presence of commercial banks across Russia, excluding their central administrative offices. This metric is used by economists and policymakers to assess the financial inclusion and accessibility of banking services for the population.
Methodology
The data is collected and reported by the Central Bank of the Russian Federation.
Historical Context
This trend is relevant for analyzing the development and integration of Russia's banking sector and financial markets.
Key Facts
- The number of commercial bank branches in Russia has declined since 2014.
- The geographical spread of bank branches varies significantly across Russia's regions.
- Branch accessibility is an important factor in financial inclusion for rural and underserved populations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches, excluding headquarters, in the Russian Federation. It provides insights into the geographical outreach and accessibility of the country's banking system.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by economists and policymakers to assess the financial inclusion and accessibility of banking services for the Russian population, which is an important factor in the development and integration of the country's banking sector and financial markets.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of the Russian Federation.
Q: How is this trend used in economic policy?
A: This trend is relevant for analyzing the geographical spread and accessibility of banking services, which is an important consideration for policymakers aiming to promote financial inclusion and economic development across Russia.
Q: Are there update delays or limitations?
A: The data is published by the Central Bank of Russia, and there may be some delays in reporting. Users should check the source for the most up-to-date information and any potential limitations.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Russian Federation (RUSFCBODCNUM), retrieved from FRED.