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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.
Food manufacturing is one of the key branches of the Polish economy as food output accounted for 11% of the country’s GDP in 2016. Poland has traditionally been a farming country but it has recently started to shift its focus on healthier and ...
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The Malaysian chemicals sector is one of the most developed in the ASEAN region. Malaysia is a regionally important petrochemicals producer, and it is also one of the world’s largest producers of oleochemicals. Malaysia’s leading position ...
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Brazil is among the leaders in the global IT market, accounting for 1.9% of the worldwide sales of hardware, software and IT services in 2016. During the period the country was also the undisputed regional front-runner, responsible for 36.5% of the ...
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Malaysia is the third-largest producer of, and market for, motor vehicles (excluding motorcycles) in the ASEAN region, behind Thailand and Indonesia. Including motorcycles, the motor vehicle industry is dominated by passenger vehicles, which ...
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Mexico is a traditional oil-producing and oil-exporting country. For the last 78 years, the sector has been dominated by state-run energy company Petróleos Mexicanos (PEMEX), which took over all upstream and downstream oil and natural gas ...
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Indonesia’s ICT sector claimed a share of 3.6% of the national GDP, or around IDR 449tn, in 2016, up from 3.5% in 2015. ICT is part of the more broadly defined Transportation, Communication and Information (“TCI”) sector, which ...
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The last few years have been tumultuous for Thailand, with political unrest, droughts, floods, and high household indebtedness threatening to derail the growth of the consumer goods and retail sector. Yet, the sector has continued to grow throughout ...
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Since 2010, Turkey has introduced several key reforms to liberalise the mining sector in an attempt to attract foreign players and support government efforts to develop the country’s significant mineral resources. Developing the mining industry ...
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Hungary is located at the crossroads of four major road, railway and inland waterway corridors that link Eastern, Western and Southern Europe. The country’s transportation sector accounts for around 5.1% of its GDP and close to 7% of total ...
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Chile has one of the most developed ICT sectors in Latin America, with a relatively modern infrastructure and above-average penetration rates. Additionally, in 2015 and 2016, Chile was the best-performing country in the region in the network ...
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