Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Syrian Arab Republic
SYRFCBODCLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
214.00
Year-over-Year Change
135.16%
Date Range
1/1/2004 - 1/1/2010
Summary
This trend measures the number of commercial bank branches in the three largest cities in Syria, excluding headquarters. 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 trend tracks the number of commercial bank branches located in the three largest cities in Syria, excluding the headquarters. This metric is useful for assessing the depth and coverage of the banking infrastructure across the country.
Methodology
The data is collected by the Central Bank of Syria and reported through official channels.
Historical Context
Policymakers and financial analysts use this trend to evaluate the financial sector's ability to serve the population and support economic development.
Key Facts
- The data is reported on a monthly basis.
- The three largest cities in Syria are Damascus, Aleppo, and Homs.
- The trend shows the total number of branches, not individual bank locations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches located in the three largest cities in Syria, excluding the headquarters. 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 policymakers and financial analysts to evaluate the depth and coverage of the banking infrastructure across Syria, which can inform decisions about financial sector development and supporting economic growth.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Syria and reported through official channels.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use this trend to assess the financial sector's ability to serve the population and support economic development across Syria.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, and the trend shows the total number of branches, not individual bank locations.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Syrian Arab Republic (SYRFCBODCLNUM), retrieved from FRED.