- Name
- Number of commercial bank branches and ATMs per 100,000 adults
- Indicator purpose
- The purpose of this indicator is to measure access to banking and financial services.
- Abstract
- Access to and use of formal financial services is essential. Services such as savings, insurance, payments, credit and remittances allow people to manage their lives, plan and pay expenses, grow their businesses and improve their overall welfare. As banks remain one of the key institutions for access to formal financial services, having an accessible bank branch is an important initial point of access to financial services and therefore use of them. Bank branches are complemented by other important points of access such as automated teller machines of all formal financial institutions, which can extend financial services to remote locations.
- Contact organization / person
- Central Bank of Belize (CBB)
- Unit of measure
- Number of commercial bank branches and automated teller machines (ATMs) per 100,000 adults
- Other characteristics
- To make the indicator meaningful for cross-country comparison, the number of commercial banks branches are scaled per 100,00 adults and the number of ATMs are scaled per 100,00 adults.
- Classification used
- The number of commercial bank branches per 100,000 adults refers to the number of commercial banks branches at end-year reported by the Central Bank or the main financial regulator of the country.
The number of automated teller machines (ATMs) per 100,000 adults, refers to the number of ATMs in the country for all types of financial institutions such as: commercial banks, non-deposit taking microfinance institutions, deposit taking micro finance institutions, credit union and financial cooperatives, among other. This information is reported every year by the Central Bank or the main financial regulator of the country.
- Disaggregation
- Data are provided at country level, by year. Aggregates are compiled by region in accordance with UN suggested regional aggregations.
- Key statistical concepts
- The indicators are calculated based on data collected directly from the Central Bank or the main financial regulator in the country.
- Recommended uses
- This indicator is used to measure the number of commercial bank branches per 100,000 adults refers to the number of commercial banks branches.
- Other comments
- Since 2009, the Financial Access Survey (FAS) collects information from administrative sources on an annual basis. The Central Bank or the main financial regulator reports yearly information including the two indicators that are part of the SDGs. Since its launch, 189 economies have contributed to the FAS, which now contains more than 150 series on financial inclusion covering the period 2004-2017.
All the metadata shown in this document was gathered from United Nation Statistics Division. The metadata was extracted from https://unstats.un.org/sdgs/metadata/.
- Target 2030
- 10. Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all
