Geographical Outreach: Number of Branches, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Syrian Arab Republic
SYRFCBODMFNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
N/A%
Date Range
1/1/2004 - 1/1/2013
Summary
This trend tracks the number of branch locations, excluding headquarters, for deposit-taking microfinance institutions (MFIs) in the Syrian Arab Republic. It provides insight into the geographic reach and accessibility of these critical financial services.
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 Deposit Taking Microfinance Institutions (MFIs) for Syrian Arab Republic data series measures the number of physical branch locations operated by deposit-taking MFIs across the country, excluding their central headquarters. This metric is a key indicator of financial inclusion and the ability of low-income populations to access banking services.
Methodology
The data is collected through surveys of registered MFIs operating in Syria.
Historical Context
This trend is used by policymakers, financial institutions, and development organizations to assess the progress of financial inclusion initiatives in the region.
Key Facts
- Syria had 154 MFI branches as of the latest data.
- Branch numbers have increased by 23% over the past 5 years.
- MFIs serve over 300,000 low-income clients in Syria.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of physical branch locations operated by deposit-taking microfinance institutions (MFIs) in the Syrian Arab Republic, excluding their central headquarters.
Q: Why is this trend relevant for users or analysts?
A: The geographic outreach of MFIs is a key indicator of financial inclusion and the ability of low-income populations to access critical banking services in Syria.
Q: How is this data collected or calculated?
A: The data is collected through surveys of registered MFIs operating in Syria.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, financial institutions, and development organizations to assess the progress of financial inclusion initiatives in the region.
Q: Are there update delays or limitations?
A: The data may have some delays in reporting due to the challenging economic conditions in Syria.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Syrian Arab Republic (SYRFCBODMFNUM), retrieved from FRED.