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.
Brazil has been a pioneer in developing biofuels as an economically viable alternative to fossil fuels since the introduction of flex-fuel (dual-fuel) vehicles in the country in 2003. Ethanol in the country is produced mainly from sugarcane ...
View more details
Mexico's electric power sector is at a crossroads. The sector experienced an investment frenzy after the passing of the energy reform in 2013, a constitutional amendment that opened electric power generation to private competition. However, ...
View more details
Malaysia has a long-established insurance sector, with some leading insurers present in the market for over a century. Malaysia also has a world-leading takaful* industry, in line with the government’s ambitions to turn the country ...
View more details
Poland’s chemical sector is important both domestically and internationally. In 2019, it was the eighth biggest market in terms of chemicals sales in the EU. It is also an important producer, primarily due to a few large domestic ...
View more details
Although Indonesia has abundant metal resources, its metal processing sector is underdeveloped. The country mainly exports lower value-added minerals and imports higher value-added metal products. To squeeze more value from its metal ores ...
View more details
The fintech sector in Brazil has gained attention in recent years, as it continues to develop pioneering solutions for underserved demands through technological innovation. Financial and monetary supervisory bodies have tried to follow ...
View more details
Brazil’s automotive sector was among the industries hit hardest by COVID-19. It suffered from disruptions in global supply chains, lockdown restrictions and falling domestic vehicle sales. As exports also underperformed, mainly as a ...
View more details
Thailand has a fragmented insurance sector, with approximately 80 licensed insurers active in the market. Despite the numerous market players, insurance penetration in Thailand remains low at 5.4% of GDP in 2020, significantly lower than ...
View more details
The share of the metals and mining sector in India’s GVA is estimated to be about 4.0% in FY2020. The metal processing sector is crucial from the standpoint of creating competitive advantage for end-use sectors such ...
View more details
Between 2010 and 2019, written insurance premiums in Colombia grew at an average yearly rate of 6.1% in real terms, nearly doubling the country’s GDP average increase of 3.7% per year in the same period. As a result, penetration ...
View more details