Use of Financial Services, Liabilities: Outstanding Deposits at Other Deposit Takers for Russian Federation
RUSFCLODDXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95,000,000.00
Year-over-Year Change
N/A%
Date Range
1/1/2005 - 1/1/2020
Summary
This economic trend measures the outstanding deposits held at non-bank deposit-taking institutions in Russia. It provides insight into the use of financial services and the broader dynamics of the Russian banking system and economy.
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 outstanding deposits held at other deposit-taking institutions, beyond traditional banks, offers a broader view of financial activity and access to the Russian financial system. This metric can be used by economists and policymakers to analyze trends in financial inclusion, banking sector development, and overall economic conditions.
Methodology
The data is collected and calculated by the Bank of Russia through surveys of non-bank deposit-taking institutions.
Historical Context
This trend is monitored by policymakers, financial analysts, and economists to assess the financial health and development of the Russian economy.
Key Facts
- Russia has a large and diverse non-bank deposit-taking sector.
- Outstanding deposits at non-bank institutions account for a significant portion of total financial assets.
- This metric has shown steady growth in recent years, indicating expanding financial inclusion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding deposits held at deposit-taking institutions in Russia beyond traditional banks, such as credit unions and microfinance providers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a broader view of financial activity and access to the Russian banking system, which is relevant for assessing financial inclusion, banking sector development, and overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank of Russia through surveys of non-bank deposit-taking institutions.
Q: How is this trend used in economic policy?
A: Policymakers, financial analysts, and economists monitor this trend to assess the financial health and development of the Russian economy.
Q: Are there update delays or limitations?
A: The data is published with a slight delay, but it provides a comprehensive view of the non-bank deposit-taking sector in Russia.
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Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits at Other Deposit Takers for Russian Federation (RUSFCLODDXDC), retrieved from FRED.