Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Bangladesh
BGDFCBODDNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,700.00
Year-over-Year Change
5.73%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the number of branch locations, excluding headquarters, for deposit-taking institutions in Bangladesh, providing insights into the geographical outreach of the country's 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 Other Deposit Takers for Bangladesh' metric tracks the physical presence and accessibility of the banking and financial system beyond central operations. This data point is useful for analyzing financial inclusion and the distribution of financial services across the Bangladeshi economy.
Methodology
The data is collected by the Bangladesh Bank, the country's central bank, through regulatory reporting from deposit-taking institutions.
Historical Context
Policymakers and analysts use this metric to assess the expansion and accessibility of the financial sector in Bangladesh.
Key Facts
- Bangladesh has over 10,000 bank branches across the country.
- The number of bank branches in Bangladesh has grown by 50% in the last decade.
- Rural areas account for nearly 60% of total bank branches in Bangladesh.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branch locations, excluding headquarters, for deposit-taking institutions in Bangladesh, providing insights into the geographical outreach of the country's financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for analyzing financial inclusion and the distribution of financial services across the Bangladeshi economy, which is important for policymakers and economists studying economic development.
Q: How is this data collected or calculated?
A: The data is collected by the Bangladesh Bank, the country's central bank, through regulatory reporting from deposit-taking institutions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the expansion and accessibility of the financial sector in Bangladesh, which is a key indicator of financial inclusion and economic development.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the Bangladesh Bank, but there may be some delays in reporting from financial institutions.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Bangladesh (BGDFCBODDNUM), retrieved from FRED.