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.
At the end of 2018, Latin America and the Caribbean accounted for 19.2% of the world’s crude oil reserves and for 4.3% of natural gas, making the region among the prominent players in the global oil and natural gas industry. However, a lack of ...
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In the third quarter of 2019, China's telecommunications industry was revolutionised by the commercialisation of the 5G technology. It was a period of intensive 5G infrastructure development and technological upgrade. The official launch of 5G ...
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China is the largest producer and consumer of paper and paperboard in the world, according to the White Paper on Sustainable Development of China's Paper Sector released jointly by China Paper Association (CPA) and China Technical Association of ...
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According to data from China Iron and Steel Association (CISA), in the third quarter of 2019, China produced 255.7mn tonnes of crude steel and 322.4mn tonnes of steel products, representing y/y increases of 3% and 11.1%, respectively. Figures from ...
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In Q3 2019 China’s healthcare sector continued to expand, stimulated by further structural reforms. The period saw increased government spending on healthcare, with expenditure on health and family planning growing by 12.1% y/y to RMB 369.3bn. ...
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The total assets of China's banking sector expanded by 6.3% y/y to RMB 268,240bn at the end of 2018 and the deposits increased by 8.2% y/y to RMB 177,523bn. The year 2018 was characterised by an easing monetary policy, which, along with the ...
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A recovering economy and continuing loosening monetary policy by the Central Bank helped shape Brazil’s banking sector’s performance in H2 2018 and 2019. Albeit tepid, real GDP grew for a second year in a row in 2018 and is likely to rise ...
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Cement manufacturing underpins various activities that form the backbone of Indian manufacturing, e.g. residential construction and infrastructure. Cement is a highly regulated industry in India, not only because of its strategic importance, but also ...
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Although quite different in terms of political and economic systems, the Emerging Europe countries share certain similarities when it comes to their demographic situation and health profile. With the exception of Turkey, whose average birth rate is ...
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In a Latin American context, Chile is not a particularly large pharmaceutical and healthcare market, since its population is relatively small and healthy in terms of the incidence of communicable diseases. However, the country’s changing ...
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