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.
In 2017, Brazil’s economy exited one of the deepest recessions in decades, and retail sales in the country returned to growth, expanding by 2% y/y in volume terms. Several factors supported the turnaround of the sector, including slowing ...
View more details
India’s is the world’s 10th-largest pharmaceutical market in US dollar terms - with sales of over USD 25bn in 2017 - and the largest generic drug manufacturer and exporter globally. Strong domestic demand and robust exports have ...
View more details
The gross value added (GVA) of the Czech pharmaceutical sector amounted to CZK 19.4bn in 2017, increasing by a real 11.1% y/y. The sector accounted for 0.4% of the GDP that year. The pharmaceutical sector employed 9,855 workers in 2017, accounting ...
View more details
Although the global pharma & healthcare sector is dominated by large multinational companies, mainly from the developed countries, Latin America has been quickly catching up in building a domestic pharmaceutical production base and expanding the ...
View more details
Colombia’s ICT sector claimed a share of 3.1% of its national GVA, or around COP 25.7tn, in 2017, growing 3% compared to 2016 in real terms. In 2017, FDI inflow in TCI exceeded USD 3.4bn, up from USD 1.5bn the previous year, and beating the ...
View more details
As the world’s second largest economy, China relies heavily on coal to ensure the stable operation of its main industries, such as energy and steel. The increasing energy consumption already made China the world’s largest producer and ...
View more details
In the third quarter of 2018, China’s pharmaceutical and medicine production declined by 28.5% y/y to 573,000 tonnes, In 2018, many pharmaceutical producers were affected by the ongoing reform for new chemical drugs classification system, and ...
View more details
India’s IT industry consists of IT services and Hardware and Business Process Management (BPM). Ecommerce has been part of the BPM segment of this industry since FY2013. The IT-BPM sector is largely export-driven. Software accounted for 74.5% ...
View more details
Chile has a relatively developed and diversified agriculture sector, with a leading position in the production and export of several key commodities, such as grapes, cherries, apples, berries, walnuts, poultry meat and salmon. Agriculture has a major ...
View more details
Transportation services and infrastructure are a powerful underpinner of economic growth in India. Rail and road are the dominant passenger carrying services, while water transport is a major player, along with the other two, when it comes to freight ...
View more details