Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Solomon Islands
SLBFCBODCNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
30.00%
Date Range
1/1/2004 - 1/1/2023
Summary
This economic trend measures the number of commercial bank branches, excluding headquarters, in Solomon Islands. It provides insights into the geographical outreach and accessibility of the 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 Solomon Islands reflects the distribution and expansion of the commercial banking network across the country. This metric is important for understanding financial inclusion and the ease of access to banking services for individuals and businesses.
Methodology
The data is collected by the Central Bank of Solomon Islands through its supervision of the commercial banking sector.
Historical Context
Policymakers and economists use this trend to evaluate the development and accessibility of the financial system in Solomon Islands.
Key Facts
- The number of commercial bank branches in Solomon Islands has grown steadily over time.
- Geographical outreach of banks is crucial for financial inclusion in remote and rural areas.
- Expansion of the banking network is a key policy objective for economic development in Solomon Islands.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches, excluding headquarters, in Solomon Islands. It provides insights into the geographical outreach and accessibility of the banking system.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding financial inclusion and the ease of access to banking services for individuals and businesses in Solomon Islands.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Solomon Islands through its supervision of the commercial banking sector.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the development and accessibility of the financial system in Solomon Islands.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Solomon Islands, with minimal update delays.
Related Trends
Number of Identified Exporters to Solomon Islands from Kentucky
KYSLBA475SCEN
Number of Identified Exporters to Solomon Islands from Indiana
INSLBA475SCEN
Use of Financial Services: Number of Depositors at Commercial Banks for Solomon Islands
SLBFCDODCPENUM
Number of Identified Exporters to Solomon Islands from Tennessee
TNSLBA475SCEN
Use of Financial Services: Key Indicators, Outstanding Deposits with Credit Unions and Financial Cooperatives for Solomon Islands
SLBFCLODUGGDPPT
Number of Identified Exporters to Solomon Islands from Illinois
ILSLBA475SCEN
Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Solomon Islands (SLBFCBODCNUM), retrieved from FRED.