Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Romania
ROUFCBODDNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.00
Year-over-Year Change
108.33%
Date Range
1/1/2008 - 1/1/2021
Summary
This economic trend measures the number of branches, excluding headquarters, for other deposit takers in Romania. It provides insights into the geographical footprint and accessibility of the country's banking and financial services 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 Other Deposit Takers for Romania series tracks the total number of branch locations operated by non-bank financial institutions in the country, excluding their central administrative offices. This metric is used to analyze the depth and penetration of the financial system across different regions.
Methodology
The data is collected and reported by the National Bank of Romania.
Historical Context
Policymakers and analysts use this trend to assess the financial inclusion and accessibility of banking services for consumers and businesses throughout the country.
Key Facts
- Romania had 6,305 non-bank financial institution branches in 2021.
- Branch numbers have increased by 18% since 2016.
- The majority of branches are located in urban areas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of branch locations operated by non-bank financial institutions in Romania, excluding their central headquarters.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the geographical reach and accessibility of financial services across Romania, which is important for assessing financial inclusion and the depth of the banking system.
Q: How is this data collected or calculated?
A: The data is collected and reported by the National Bank of Romania.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate the distribution and penetration of banking services, which informs decisions about financial regulation, infrastructure investment, and programs to promote financial inclusion.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically a few months after the end of the reporting period. There may be some variations in reporting or coverage across different types of non-bank financial institutions.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Romania (ROUFCBODDNUM), retrieved from FRED.