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, Mexico was the world’s seventh-largest vehicle manufacturer, with an output of 3.93mn units. Between 2011 and 2017, the domestic vehicle production surged by a cumulative 46%, propelled by two factors: the increasing exports ...
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Poland is a major producer of copper, silver, zinc and lead, as well as many industrial minerals, such as rock salt, sulphur, limestone, cement, lime, gypsum and mineral aggregates. The sector generally weathers economic cycles quite well, ...
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Serving a population of nearly 147mn, Russia’s ICT market ranks as one of the largest in the world, offering telecommunication companies significant potential for growth. The Russian ICT market is highly centralised and dominated by ...
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With estimated net revenues of USD 119.6bn in 2017, Brazil’s chemical sector was the eighth largest in the world and the leader in Latin America. Compared to 2016, the industry’s turnover rose by 9.5% y/y, as the uptick in ...
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Peru is among the leading global players in the production of metallic minerals. In 2017, the country ranked second in the world in terms of silver, copper and zinc output, with global shares of 17.2%, 12.4% and 11.2%, respectively. Moreover, it was ...
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China is further extending its lead as the largest ICT market globally, leading both in terms of mobile and internet users, while still retaining a lot of potential. The industry had experienced a robust growth before 2014, often ...
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Agriculture plays an important role in the economic and rural development of Malaysia. Commercial crops such as palm oil, rubber, and cocoa are processed into higher value-added products that are the country’s main agricultural ...
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Indonesia is the largest producer of electric power in the ASEAN region. Yet, the country had an electrification rate of 91.2% in 2016, lagging behind other countries in the region such as Singapore, Malaysia and Thailand. The government ...
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India was once wholly dependent on domestic production to meet its consumer electronics demand. However, after the Indian economy was liberalised in 1991, multinational brands from countries like South Korea, Japan, and Taiwan flooded the ...
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India houses one of the fastest-growing auto industries in the world. The market has surged from INR 1.87tn in FY2008 to more than INR 5tn in FY2016, and the government expects it to grow to INR 19tn by FY2026. Autos accounted for 6.3% of ...
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