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 2016, the Polish telecommunications sector was responsible for around 2.1% of the country's GDP, while the entire ICT sector accounted for 5% of GDP and employed around 203,200 people. The Polish telecom market is a mature one, with high ...
View more details
The rapid growth of the demand for financial services in recent years seems to have slowed down in FY2017, despite the government’s efforts to stimulate the sector - during FY2006-FY2017, deposits grew at a CAGR of 12.03% compared to 8.5% for ...
View more details
China is the world's largest producer and consumer of fertilisers. The country consumes more than a third of the world’s fertilisers, which is equivalent to the combined ...
View more details
Peru is the sixth largest economy in South America in terms of nominal GDP, as well as an emergingconsumer market with a population of over 31.5mn people as of December 2016. During 2011–2016, thetrade sector performed well with gross value ...
View more details
The ICT sector accounted for more than 5% of the Hungarian GDP in 2016, compared with 5.3% in 2008. Sales resulting from the provision of Internet access (including mobile Internet) amounted to HUF 195bn in 2016, up 5.5% y/y as well. Sales revenues ...
View more details
India ranked sixth in renewable energy (RE) installed capacity in the world in 2017. In FY2017 RE generation accounted for 22% of total energy generation. In addition, India has set an ambitious target of establishing 175 GW of new RE installed ...
View more details
The agriculture, livestock and fisheries sector in Brazil plays a key role in the domestic economy, accounting for 4.7% of total GDP, 24% of total export value, and 3.7% of total employment in 2016. The GDP of the sector registered a 6.6% y/y ...
View more details
Russia’s insurance sector expanded at a CAGR of 10.1% over the 2012-2016 period, with the premium income growth outperforming GDP growth and proving resistant to the economic slump triggered by the collapse in oil prices and Western sanctions. ...
View more details
The automotive industry in Russia has a relatively small share in the country’s economy and employment. The sector generated just 0.3% of Russia’s gross value added (GVA) in 2016 and provided employment to 578,300 people, or less than 1% ...
View more details
With a population of some 258.7 million, Indonesia is the world’s fourth-most populous country and the largest economy in the ASEAN region. The food and beverage sector employs over 4.5 million people and is the largest in the manufacturing ...
View more details