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.
Bank penetration in Indonesia is low by international standards, with banking assets and loans accounting for 55% and 35%, respectively, of the country’s GDP in 2017. A total of 115 commercial and 1,615 rural banks were operational in the ...
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Due to the focus on traditional banking products and the austere financial supervision, the Polish banking system has weathered down the crises of the last two decades very well and remains well capitalised and non-volatile. Still, Poland is viewed ...
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The Polish metal processing sector is the 8th biggest in Europe and the 18th biggest in the world. It constitutes 0.5% of the country’s GDP and its exports account for 9.4% of the country’s total exports. The sector is dominated by the ...
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Peru is a relevant regional player in the production of ferrous and non-ferrous metals. In 2017, the country was the third-largest producer of long steel in South America, with a 9.7% share in regional output, the fourth-biggest crude steel ...
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The revenue of China’s food sector in the second quarter of 2018 dropped by 24.8% y/y to RMB 469.4bn, mainly due to decreased prices of meat and refined edible vegetable oil. Meat prices in Q2 2018 slid by 6.6% y/y because of a decline in pork ...
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The Colombian automotive sector is highly skewed towards the production of motorcycles. As motorcycles are the preferred mode of transport of the population, the country has emerged as the second-largest producer of two-wheel motor vehicles in South ...
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The second quarter of 2018 witnessed a continuous growth of China’s healthcare sector. The growth was attributed to increasing demand for quality healthcare, stimulated by the country’s strong economic performance, rising incomes, ...
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The revenue of China’s beverage sector continued to decline in the second quarter of 2018, mainly due to decreased sales of soft drinks and baijiu. Beverage retail sales dropped by 12.3% y/y to RMB 50bn in Q2 2018. Baijiu sales volume plunged ...
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Colombia’s economy is largely dependent on the exploration of hydrocarbon resources. The sector is traditionally the leading recipient of foreign direct investment, with a share of 22.5% of total inflow to the country in 2017. It is also the ...
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Demand in the Malaysian Pharmaceuticals & Healthcare sector has been growing rapidly over the last few years as Malaysians have become more affluent and demanding with their healthcare needs. The aging population has also been seeing higher ...
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