Use of Financial Services, Assets: Outstanding Loans at Other Depository Corporations for Bangladesh
BGDFCSODXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,754,557,838,700.00
Year-over-Year Change
566.99%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the outstanding loans at other depository corporations in Bangladesh, providing insight into the country's financial services usage and access to credit.
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 Use of Financial Services, Assets: Outstanding Loans at Other Depository Corporations for Bangladesh metric tracks the total value of loans held by entities other than traditional banks, such as microfinance institutions and non-bank financial companies. This data point is used to analyze trends in financial inclusion and the broader availability of credit in the Bangladeshi economy.
Methodology
The data is collected and reported by the Bangladesh Bank, the country's central banking authority.
Historical Context
This metric is relevant for policymakers, economists, and investors seeking to understand the depth and breadth of Bangladesh's financial system.
Key Facts
- Bangladesh has a population of over 160 million people.
- The country's central bank is the Bangladesh Bank.
- Financial inclusion is a key development priority in Bangladesh.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans held by entities other than traditional banks in Bangladesh, such as microfinance institutions and non-bank financial companies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the depth and breadth of Bangladesh's financial system, particularly the availability of credit outside the traditional banking sector, which is relevant for understanding financial inclusion and economic development in the country.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bangladesh Bank, the country's central banking authority.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors use this metric to analyze trends in financial inclusion and the overall accessibility of credit in the Bangladeshi economy, which informs policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and potential delays of the Bangladesh Bank, the source of this information.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Other Depository Corporations for Bangladesh (BGDFCSODXDC), retrieved from FRED.