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 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. ...
View more details
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 ...
View more details
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 ...
View more details
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 ...
View more details
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 ...
View more details
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 ...
View more details
In 2018, Argentina was the third largest pharmaceutical market in Latin America with retail drug sales of USD 4.9bn. The country has a large and ageing population, a relatively developed public health system, and a small but consolidated private ...
View more details
Africa’s telecommunications sector has been one of the most dynamic globally over the past decade, driven by mobile services in particular. Realising the importance of telecommunications for overall economic growth, governments across the ...
View more details
The steel sector contributes about 2% of the Indian economy’s total GVA, according to the Indian Brand Equity Foundation (IBEF). The sector employs 500,000 people directly and 2.5mn people indirectly. Indian crude steel production is the ...
View more details
The telecommunications sector in China has been playing a crucial role in the country’s development processes. As one of the key national industries, it plays a double role. Apart from its traditional functions, it has fundamental importance ...
View more details