Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Comoros
COMFCBODMFLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
0.00%
Date Range
1/1/2010 - 1/1/2015
Summary
This economic trend measures the number of branches for deposit-taking microfinance institutions (MFIs) in the three largest cities in Comoros, excluding headquarters. It provides insights into the geographical reach and accessibility of MFI 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 trend tracks the branch network of MFIs in Comoros, excluding the headquarters location. This data is used to evaluate the industry's market penetration and ability to serve underbanked populations across the country.
Methodology
The data is collected directly from the Comoros Central Bank's reporting on the operations of licensed deposit-taking MFIs.
Historical Context
Policymakers and market analysts use this trend to monitor the financial inclusion efforts of Comoros' microfinance sector.
Key Facts
- Comoros has a population of over 850,000 people.
- MFIs play a crucial role in providing financial services to underserved communities.
- Tracking branch networks is key to understanding financial inclusion progress.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches for deposit-taking microfinance institutions (MFIs) in the three largest cities in Comoros, excluding the headquarters location.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the geographical reach and accessibility of MFI services, which is crucial for evaluating financial inclusion efforts in Comoros.
Q: How is this data collected or calculated?
A: The data is collected directly from the Comoros Central Bank's reporting on the operations of licensed deposit-taking MFIs.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to monitor the financial inclusion efforts of Comoros' microfinance sector and identify areas for improvement.
Q: Are there update delays or limitations?
A: The data may be subject to occasional reporting delays by the Comoros Central Bank.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Comoros (COMFCBODMFLNUM), retrieved from FRED.