Use of Financial Services: Number of Loan Accounts for Households at Other Financial Intermediaries for Romania

ROUFCNMHNUM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2,036,073.00

Year-over-Year Change

78.36%

Date Range

1/1/2009 - 1/1/2017

Summary

This economic trend measures the number of loan accounts held by Romanian households at financial intermediaries other than banks, providing insights into household borrowing patterns outside the traditional 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 'Use of Financial Services: Number of Loan Accounts for Households at Other Financial Intermediaries for Romania' series tracks the volume of household loans originated by non-bank financial institutions in Romania. This data offers valuable context on the broader lending landscape and financial inclusion.

Methodology

The data is collected and reported by the National Bank of Romania.

Historical Context

This trend is useful for policymakers and analysts assessing the development and accessibility of Romania's financial sector.

Key Facts

  • Romania has a large non-bank lending industry.
  • Household borrowing from financial intermediaries is growing.
  • This data provides insights into financial access outside banks.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of loan accounts held by Romanian households at financial institutions other than banks, such as credit unions, microfinance providers, and other non-bank lenders.

Q: Why is this trend relevant for users or analysts?

A: This data offers valuable insights into the broader lending landscape and financial inclusion in Romania, beyond just the traditional banking sector.

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 data to assess the development and accessibility of Romania's financial sector, which is important for promoting financial inclusion and economic growth.

Q: Are there update delays or limitations?

A: The data is published regularly by the National Bank of Romania, but there may be some delay in the availability of the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services: Number of Loan Accounts for Households at Other Financial Intermediaries for Romania (ROUFCNMHNUM), retrieved from FRED.