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.
China’s banking sector continued to deliver stable performance during Q2 2019. The sector’s total assets reached RMB 281.6tn at the end of the quarter, an increase of 8.2% y/y. Large commercial banks grew the fastest with their ...
View more details
The revenue of China’s beverage sector continued to decline in the second quarter of 2019, mainly due to decreased sales of alcoholic beverages. Baijiu sales in April-June 2019 plunged by 19.6% y/y to 1.8bn litres. Baijiu ...
View more details
Indonesia is a significant player in the global mining industry, being a home to abundant coal and metal ore reserves. The country is the world’s largest producer of nickel and the second largest tin miner, and ranks at leading ...
View more details
China’s aviation sector is of key importance to the national economy, reflecting its increasing level of modernisation and robust growth. China’s vast territory and its geographical location assign the aviation sector a role that other ...
View more details
India’s real estate sector is expected to reach a market size of USD 1tn by 2030 from USD 108bn in 2018, contributing 13% of India’s GDP by 2025 as compared to some 6%-7% of GDP in 2018, India’s Brand Equity Foundation said in 2019. ...
View more details
The global economy recovered moderately in 2018 although different economies grew unevenly amid the volatile international political environment. The supply and demand dynamics in the global oil and gas market fluctuated while the annual ...
View more details
China is the largest agricultural economy globally, consuming and supplying more than half of the world's pork, as well as supplying one third of the horticultural products, rice and cotton, and close to 20% of the world's wheat, maize and ...
View more details
Indonesia’s tourism industry is an important driver of economic growth, job creation and foreign exchange income. The total contribution of travel and tourism to the country’s gross domestic product (GDP) stood at 6% in 2018, according to ...
View more details
China is the world’s largest retail market and a global leader in e-commerce. As the country makes its transition from a manufacturing-based economy to a service-oriented one, the government’s priority has become that of ...
View more details
China’s transportation sector is almost entirely dominated by state-owned corporations, as its development is viewed as a major driver for the country’s economic growth. The transportation sector saw remarkable improvements in the past ...
View more details