Use of Financial Services, Assets: Outstanding Loans at Credit Unions and Financial Cooperatives for Slovak Republic
SVKFCSODUXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,846,000.00
Year-over-Year Change
N/A%
Date Range
1/1/2007 - 1/1/2020
Summary
This economic trend measures the outstanding loans at credit unions and financial cooperatives in the Slovak Republic, providing insights into the use of financial services and assets 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 Credit Unions and Financial Cooperatives for Slovak Republic trend tracks the total value of outstanding loans held by credit unions and financial cooperatives in Slovakia. This metric is useful for analyzing the financial health and lending activity of these institutions, which play a key role in the country's financial ecosystem.
Methodology
The data is collected and reported by the National Bank of Slovakia.
Historical Context
This trend is relevant for policymakers, economists, and financial analysts monitoring the Slovak Republic's credit union and cooperative lending activities.
Key Facts
- Credit unions and cooperatives hold a significant share of the Slovak financial system's total assets.
- Lending by these institutions plays a crucial role in supporting small and medium-sized businesses in Slovakia.
- Outstanding loans at credit unions and cooperatives have shown steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans held by credit unions and financial cooperatives in the Slovak Republic.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the lending activities and financial health of credit unions and cooperatives, which are important institutions in the Slovak financial ecosystem.
Q: How is this data collected or calculated?
A: The data is collected and reported by the National Bank of Slovakia.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and financial analysts use this trend to monitor the credit union and cooperative lending market in Slovakia and inform economic policies.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis by the National Bank of Slovakia, but there may be occasional delays or limitations in data availability.
Related Trends
Provisions to Non-Performing Loans for Slovakia
DDSI07SKA156NWDB
Infra-Annual Labor Statistics: Employment Female: 15 Years or over for Slovak Republic
LFEMTTFESKQ657N
Number of Identified Exporters to Slovakia from West Virginia
WVSVKA475SCEN
Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Slovak Republic
LFEM24MASKA647N
Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Slovak Republic
LFEMTTMASKA657N
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Slovak Republic
LRHU24MASKA156N
Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Credit Unions and Financial Cooperatives for Slovak Republic (SVKFCSODUXDC), retrieved from FRED.