Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Russian Federation
RUSFCBODCLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,545.00
Year-over-Year Change
-12.50%
Date Range
1/1/2010 - 1/1/2015
Summary
This economic trend measures the number of commercial bank branches located in the three largest cities in Russia, excluding the bank's headquarters. It provides insights into the geographical outreach and accessibility of the Russian 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 Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Russian Federation tracks the total number of commercial bank branches situated in the three most populous cities in Russia, excluding the banks' main headquarters. This metric serves as an indicator of the banking sector's physical presence and accessibility across key urban centers.
Methodology
The data is collected and reported by the Central Bank of Russia.
Historical Context
This trend is relevant for assessing the geographic distribution and coverage of the Russian banking system, which is crucial for understanding financial inclusion and access to banking services.
Key Facts
- Russia has over 30,000 commercial bank branches nationwide.
- The three largest cities in Russia are Moscow, St. Petersburg, and Novosibirsk.
- The number of bank branches in these cities has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches located in the three largest cities in Russia, excluding the banks' headquarters.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the geographical outreach and accessibility of the Russian banking system, which is crucial for understanding financial inclusion and access to banking services.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Russia.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and financial analysts to assess the geographic distribution and coverage of the Russian banking system.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Russia, but there may be some delays in reporting.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Russian Federation (RUSFCBODCLNUM), retrieved from FRED.