Secure shopping
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 includes insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
In the second quarter of 2021, the air passenger traffic soared by 95.7% y/y to 143.4mn persons, thanks to a jump in demand for domestic passenger. The domestic passenger traffic in Q2 2021 surged by 96% y/y to 143mn persons. The ...
View more details
China’s telecommunications sector is among the sectors that were least impacted by the COVID-19 pandemic, as the lockdown measures encouraged the demand for online communication. Compared with the 1.8% y/y increase in total revenue in ...
View more details
In the second quarter of 2021, the sales volume and sales revenue of China’s real estate sector reached 526mn m2 and RMB 5,455bn, which represented y/y increases of 11.2% and 17.2%, respectively. Compared to the ...
View more details
Poland is still lagging behind its EU peers in terms of the share of electricity generated from renewable energy sources, positioned 22nd of the 27 states, according to Eurostat data for 2019. However, the sector has seen ...
View more details
The year 2020 saw countries going into lockdown as a result of COVID-19. The telecom sector became an anchor for economic activities to continue as learners, workers and all non-essential operations needed to be conducted from home. ...
View more details