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.
Indian ICT is a dynamic sector which both shapes customer needs and reflects the country’s fastchanging demographic and social situation. The country has a large working-age and consumptionoriented population. More affordable smartphones and ...
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Argentina has the third-largest ICT sector in Latin America in terms of number of subscribers, exceeded only by Brazil and Mexico. In regional terms, the country also has relatively high penetration rates in the main ICT services – such as ...
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Malaysia is a significant chemicals player within the ASEAN region. Malaysia is one of the largest producers and exporters of petrochemicals in the region, championed by the national oil company – Petroliam Nasional Bhd (“Petronas”) ...
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With a share of 19.9% of global proven oil reserves and 4.4% of those of natural gas as of the end of 2017, the Latin America and the Caribbean region is among the prominent players in the hydrocarbon industry. The region is also likely to hold ...
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The tourism sector in Brazil has significant growth potential thanks to the country’s sector-relevant natural resources, which were recognised as the most abundant in the world in the 2017 Travel and Tourism Competitiveness Report by the World ...
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Proximity to Western European markets, low-cost skilled labour and favourable investment environment have turned Emerging Europe into a preferred location for major automotive producers and helped the region claim an increasing share of the global ...
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In 2017, electric power consumption in Brazil rose by 0.8% y/y, the first increase in three years, as the country emerged from one of its deepest recessions in decades. The positive trend continued in 2018, when the uptick in electricity demand ...
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As at the end of 2017, the Thai banking sector consisted of a total of 30 commercial banks comprising both domestic banks and branches of foreign lenders. Thai banks dominate the sector, and the five largest banks collectively account for the ...
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India is one of the global leaders in the food and beverage industry, with prominent positions in the production of dairy, meat products, refined sugar and spirits. The gross value added (GVA) of the food and beverage sector expanded at a CAGR of 4 ...
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