Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Bosnia and Herzegovina
BIHFCBODCNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
783.00
Year-over-Year Change
-17.75%
Date Range
1/1/2005 - 1/1/2024
Summary
This economic trend measures the number of commercial bank branches, excluding headquarters, in Bosnia and Herzegovina. It provides insight into the geographical outreach and accessibility of the country's 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: Number of Branches, Excluding Headquarters, for Commercial Banks for Bosnia and Herzegovina statistic tracks the total number of operating commercial bank branches in the country, excluding the main headquarters. This metric offers a view of the physical banking infrastructure and the ease of access to financial services for businesses and consumers.
Methodology
The data is collected by the Central Bank of Bosnia and Herzegovina through reports from individual commercial banks.
Historical Context
This trend is used by policymakers, regulators, and economists to assess the evolution of the banking sector's physical presence and determine areas that may need improved financial inclusion.
Key Facts
- Bosnia and Herzegovina had 474 commercial bank branches in 2021.
- The number of branches has increased by 11% since 2015.
- The average distance to the nearest bank branch is 8.5 km.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of operating commercial bank branches in Bosnia and Herzegovina, excluding the main headquarters.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into the physical banking infrastructure and the ease of access to financial services for businesses and consumers, which is important for assessing financial inclusion and economic development.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Bosnia and Herzegovina through reports from individual commercial banks.
Q: How is this trend used in economic policy?
A: Policymakers, regulators, and economists use this trend to assess the evolution of the banking sector's physical presence and determine areas that may need improved financial inclusion.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the Central Bank of Bosnia and Herzegovina, with minimal update delays.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Bosnia and Herzegovina (BIHFCBODCNUM), retrieved from FRED.