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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.
Coal power still has a towering presence in China’s electricity generation, but the share of nuclear and renewable energy keeps increasing as the country is changing course towards a cleaner energy mix. According to the International Energy ...
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Russia’s transportation sector generates over 6% of the country’s GDP and provides employment to 10% of the workforce. Russia is a net exporting country in terms of transport services, as exports exceeded imports by USD 5.4bn in 2017. ...
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Mexico remains a regional leader in electricity generation. The positive results of the energy reform continue, on its way to Mexico’s energy independence and integration of clean energy sources. The wholesale market keeps attracting investment ...
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The construction industry contributed 5.9% to Malaysia’s GDP in 2017, while total industry growth for the year stood at 6.7%. The construction sector is a major employer nationwide, providing more than 1.75mn jobs in 2017. The industry makes up ...
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Agriculture is the primary source of livelihood for over 58% of households in rural areas. Together with forestry and fisheries, it is one of the largest contributors to India’s GDP. India is home to over 20 agri-climatic regions, which are ...
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The world’s fourth-most populous nation and the largest economy in the ASEAN region, Indonesia offers strong growth opportunities for investors in the food and beverage sector. The sector, which generated 6.1% of the country’s GDP in 2017 ...
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The Indian metal processing sector enjoys solid foundations for growth, stemming from the industrialised economy and the abundant metallic mineral resources. Still, the sector accounts for less than 2% of the economy in terms of GVA at current prices ...
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The consumer electronics and household appliance manufacturing subsectors play a key role in Poland’s economy. Their combined GVA in 2017 was equal to 1.1% of GDP and 6.2% of manufacturing GVA. Between them, the two subsectors employed 165,083 ...
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Turkey ranks 10th in the world in terms of mineral diversity, holding 0.4% of the global metallic mineral reserves, 2.2% of the industrial raw material reserves and 1% of the coal reserves, according to data provided by the Turkish energy ministry ...
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Peru is a comparatively small pharmaceutical market in Latin America (ranking eighth in terms of sales volume in 2017), with a relatively young and growing population. However, public health spending is expanding at a rapid pace, particularly in ...
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