Percentage of Foreign Bank Assets Among Total Bank Assets for Hong Kong SAR, China
DDOI14HKA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.00
Year-over-Year Change
0.00%
Date Range
1/1/2005 - 1/1/2013
Summary
This economic trend measures the percentage of total bank assets held by foreign banks in Hong Kong SAR, China. It provides insight into the level of international integration and competitiveness within the local 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 Percentage of Foreign Bank Assets Among Total Bank Assets for Hong Kong SAR, China represents the relative market share of foreign-owned banks operating in the region. This metric is used by economists and policymakers to gauge the openness and competitiveness of the local financial system.
Methodology
The data is collected and calculated by the World Bank based on official banking sector statistics.
Historical Context
This trend is closely monitored by regulators and investors to assess Hong Kong's status as a global financial center.
Key Facts
- Hong Kong has one of the highest shares of foreign bank assets globally.
- The percentage of foreign bank assets has remained above 70% since the early 2000s.
- Foreign banks play a crucial role in Hong Kong's position as an international financial hub.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of total bank assets in Hong Kong SAR, China that are held by foreign-owned banks operating in the region.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the degree of international integration and competitiveness within Hong Kong's banking sector, which is a key factor in its status as a global financial center.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on official banking sector statistics from Hong Kong.
Q: How is this trend used in economic policy?
A: Regulators and policymakers closely monitor this trend to assess the openness and competitiveness of Hong Kong's financial system, which is crucial for maintaining its position as an international financial hub.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Percentage of Foreign Bank Assets Among Total Bank Assets for Hong Kong SAR, China (DDOI14HKA156NWDB), retrieved from FRED.