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, amidst a buoyant economic growth - 6.9% real GDP growth, amongst the highest in EU28 – the construction output started recovering from the 2016 decrease and was up by 3.8% y/y to RON 70.2bn or EUR 15.4bn. Construction gross value added ...
View more details
Brazil is the world’s second largest producer of ethanol and biodiesel, and a pioneer in developing biofuels as an economically viable alternative to fossil fuels. The main biofuels in the country are sugarcane ethanol – comprising ...
View more details
The Malaysian insurance sector is unique in the ASEAN region as takaful operators – which provide insurance consistent with shariah principles – compete directly with conventional insurers in the market. Despite the relatively high level ...
View more details
The combined production value of the Polish chemical sector, which for the purposes of this report shall consist of the chemicals, and the rubber and plastics subsectors, stood at PLN 158.5bn in 2017, up 11.95% y/y. The share of the sector’s ...
View more details
Indonesia’s retail sector plays an important role in the country’s economy. It generated 10% of the gross domestic product (GDP) and provided employment to nearly a fifth of the country’s workforce in 2018. Household consumption has ...
View more details
Investment in China’s real estate sector accelerated in the third quarter of 2018. The value of investment reached RMB 3,131bn, which represented a growth of 10.3% compared to that in the same quarter of the previous year. Investment in the ...
View more details
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 ...
View more details
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. ...
View more details
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 ...
View more details
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 ...
View more details