Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Belarus
BLRFCBODCNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.00
Year-over-Year Change
-92.27%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the number of commercial bank branches, excluding headquarters, in Belarus. It provides insights into the geographical outreach and accessibility of the Belarusian banking sector.
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 Belarus trend tracks the total number of commercial bank branch locations across the country, excluding the central headquarters. This metric is used by economists and policymakers to analyze the financial inclusion and accessibility of banking services for individuals and businesses.
Methodology
The data is collected by the National Bank of the Republic of Belarus through surveys of commercial banks operating in the country.
Historical Context
This trend is relevant for understanding the development and regional distribution of the Belarusian banking system and its ability to serve the financial needs of the population and businesses.
Key Facts
- Belarus had 1,701 commercial bank branches as of 2021.
- The number of branches has declined by 10% since 2015.
- The Minsk region accounts for the highest concentration of branches.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of commercial bank branch locations in Belarus, excluding the central headquarters.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the geographic accessibility and financial inclusion of the Belarusian banking system, which is important for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the National Bank of the Republic of Belarus through surveys of commercial banks operating in the country.
Q: How is this trend used in economic policy?
A: This trend is used to assess the development and regional distribution of the Belarusian banking system and its ability to serve the financial needs of the population and businesses.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the accuracy may be affected by changes in the reporting requirements or the banking sector structure.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Belarus (BLRFCBODCNUM), retrieved from FRED.