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Banking and insurance
The Banking & Insurance sector – often referred to as the lifeblood of the real economy – is of vital importance in the modern credit-driven economic growth model. Among its functions are intermediation between savers and borrowers, ensuring funds are allocated efficiently; support of payment and settlement systems that facilitate trade and international economic relations; and provision of various products that mitigate risk and uncertainty. The accelerating pace of technological change, stricter regulation and shifting consumer habits are reshaping the traditional banking model and pushing the sector towards innovation-led growth.
Activities associated with Banking & Insurance are depositary and non-depositary credit intermediation and related activities, investment banking, securities brokerage, commodity contracts dealing and diverse financial investment activities. The sector also ღincludes insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
The oil and gas sector in Brazil has emerged as one of the country’s driving forces since 1🐼995, when the monopoly of state-run Petroleo Brasileiro (Petrobras) was ended. Following this liberalisation, the sector&rsq﷽uo;s share in Brazil’s ...
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The value of Poland’s t📖otal construction output, including private works and work carried out by unregistered individuals, came to PLN 178bn in 2015, up 2.2% y/y. The official output data for companie🦄s employing more than nine persons stood at ...
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Peru is a relevant regional player in the production of ferrous and non-ferrous metals. In 2015, the country was the third largest South American producer of direct reduced iron with a 2.8% share, the t🀅hird biggest producer of long steel with a 5.8% 🍌...
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China is the world’s second largest pharmaceutical market, after the U.S.🐓, and the largest producer and exporter of active pharmaceutical ingredients (APIs) globally. Since it is the world’s most populous country, with a large aꦅgeing ...
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The development of the ICT sector in Malaysia has been spearheaded by the Malaysian government since the 1990s, with the visio🏅n of developing a knowledge society by 2020. This has meant that the Malaysian governmen🌊t has actively fostered ...
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The agricultural and fishing sector in South Korea contributed 1.97% to the country’s GDP in 2015. The farming population in Korea in 2015 was 2.6 million people, or 5.1% of the total population. The cultivation subsector pr✤ovided 70🥃% of the ...
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Despite suffering the lowest investment growth for seven years in 2015, the real estate sector in Chin𝔍a still offers opportunities for investment. With the policy instruments introduced in the first three months of 2016, the sector is bottoming out🍬, ...
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Oil and gas extraction is one of the main economic sectors of Argentina, accounting for 2% of the country’s GDP, 1.3% of its exports and 1% of total employment. Oil and gas are the main energꦛy sources in the country, with a combined 84% of ...
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Globally, the Russian automotive sector ranked 12th in terms of sales and 14th in terms of production in 2015. In 2015, its share in the new automotive sales worldwide fell to 1♏.6% compared to 2.9% share in 2014 as a result of the economic crisis ...
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The Turkish construction market is highly fragmented, despitꦛe the presence of a high number of big contracting and construction companies with vast international experience. Most of the༺ construction companies are family-owned businesses, which have ...
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