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.
The Thai insurance industry is highly fragmented, with approximately 80 licensed insurers operating in the country. Nevertheless, Thailand's insurance density at approximately USD 384 per capita in 2023 is significantly lower than the USD 3,204 per ...
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The automotive industry is one of the pillars of the Polish economy, representing on average 8% of the country's GDP between 2022 and 2024, according to the latest available estimates by the Ministry of Economic Development and Technology as of May ...
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According to a Swiss Re report from 2023, Brazil was the 12th largest market in the world in terms of insurance premiums written, mainly due to its large population. In terms of density, however, Brazil lags behind its regional peers and developed ...
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In 2024, Brazil's banking sector navigated a challenging yet rewarding year, delivering strong financial results amid a backdrop of high interest rates and renewed monetary tightening. The sector reported a net income of approximately BRL 327bn, the ...
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Poland's transport and logistics sector has experienced sustained growth in recent years, cementing its position as a strategic pillar of the national economy. Between 2017 and 2024, the sector's gross value added (GVA) grew at a compound annual ...
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The Philippines' healthcare system comprises both public and private components. Public healthcare is devolved to local government units, with the central government operating only a handful of tertiary care and specialist health facilities. ...
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Africa's oil and gas sector is a dynamic and significant component of the global energy landscape, characterised by substantial reserves, a diverse array of major players, evolving trends, and persistent challenges. The continent boasts approximately ...
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Poland's chemicals, and rubber and plastics sector reflects a dynamic and increasingly complex industrial landscape. The chemical industry remains a cornerstone of the country's processing sector and a vital pillar of the national economic system. ...
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Brazil's information technology (IT) market remained in 10th place globally in 2024, reaching a market value of USD 58.6bn, according to the Brazilian Association of Software Companies (ABES). The number of businesses focused on software development ...
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