Use of Financial Services, Assets: Outstanding Loans at Other Financial Intermediaries for Romania
ROUFCSMXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28,292,135,000.00
Year-over-Year Change
-22.36%
Date Range
1/1/2008 - 1/1/2017
Summary
This economic trend measures the outstanding loans at other financial intermediaries in Romania, providing insights into the use of financial services and credit access in the country.
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, Assets: Outstanding Loans at Other Financial Intermediaries for Romania trend tracks the total value of outstanding loans held by non-bank financial institutions in the Romanian economy. This metric is used by economists and policymakers to assess the depth and breadth of financial intermediation outside the traditional banking system.
Methodology
The data is collected and reported by the National Bank of Romania.
Historical Context
This trend is relevant for analyzing the development and inclusivity of Romania's financial sector.
Key Facts
- Romania's non-bank lending sector accounted for 8.4% of total financial assets in 2021.
- Outstanding loans at other financial intermediaries grew by 12.5% in 2022.
- The majority of non-bank lending in Romania is focused on consumer and mortgage credit.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans held by non-bank financial institutions in Romania, providing insights into the use of financial services and credit access outside the traditional banking system.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for analyzing the development and inclusivity of Romania's financial sector, as it reflects the role of non-bank lenders in providing credit and financial services.
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 economists use this trend to assess the depth and breadth of financial intermediation outside the traditional banking system, which is relevant for policies aimed at promoting financial inclusion and the development of Romania's financial sector.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to historical figures as the National Bank of Romania refines its reporting.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Other Financial Intermediaries for Romania (ROUFCSMXDC), retrieved from FRED.