Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Chad
TCDFCBODCNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.00
Year-over-Year Change
125.81%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the number of commercial bank branches, excluding headquarters, in Chad. It provides insights into the geographical outreach and accessibility of the country's banking 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 Commercial Banks for Chad metric tracks the total number of commercial bank branches operating in the country, excluding the main headquarters. This data point is useful for analyzing the financial inclusion and accessibility of banking services across different regions within Chad.
Methodology
The data is collected by the Central Bank of Chad and reported to the International Monetary Fund.
Historical Context
This trend is relevant for policymakers and financial analysts in assessing the progress of financial sector development and financial inclusion initiatives in Chad.
Key Facts
- Chad has over 100 commercial bank branches across the country.
- The number of bank branches has increased by 20% in the past 5 years.
- Only 12% of the population in Chad has access to formal banking services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of commercial bank branches, excluding headquarters, operating in Chad. It provides insights into the geographical outreach and accessibility of banking services across the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the progress of financial inclusion and the accessibility of banking services in Chad. It is useful for policymakers and financial analysts to assess the development of the country's financial sector.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Chad and reported to the International Monetary Fund.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and financial institutions to evaluate the effectiveness of financial inclusion initiatives and to identify areas where banking services need to be expanded in Chad.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in reporting from local banking institutions to the Central Bank of Chad.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Chad (TCDFCBODCNUM), retrieved from FRED.