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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.
Alongside mining, non-ferrous metal processing is vital to the Indian economy, as it provides inputs to industries across the country’s manufacturing spectrum. Despite the high reported levels of self-sufficiency in many metallic minerals, ...
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Food and beverage manufacturing and food service provided 6.0% and 2.5%, respectively, of the country’s GDP in 2015. These activities employ several million people in Thailand and account for significant portions of household expenditure. In ...
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The automotive sector’s gross output accounted for 10.3% of the total gross output of the Czech economy in 2015, up from 8.5% in 2011. The sector’s share of the total gross value added (GVA) also increased to 5.2% in 2015 from 4.5% in ...
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Indonesia’s construction and real estate markets are among the biggest in Asia and enjoy high growth potential for the foreseeable future. Growth drivers include the country’s vast and urbanising population in need of housing, as well as ...
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The textile sector is one of the key pillars of Chinese industry. The country has very strong traditions in all segments and, despite the emergence of new global suppliers, it remains a major power in the field of textiles. The domestic market, with ...
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The automotive sector is one of the key industries in Poland and generated around 7% of the country's GDP in 2015. A total 165,000 people are employed in the manufacturing of motor vehicles, trailers and semi-trailers, accounting for more than 8% of ...
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The energy sector is responsible for nearly 8% of Poland’s GDP and its strategic importance for the country is overwhelming. The ageing of the power generation and transmission infrastructure is a major concern for the sector, which at the same ...
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Indonesia's healthcare and pharmaceuticals industry is one of the least developed in ASEAN and Indonesia has low scores on most metrics – including number of hospitals and beds per 10,000 population and healthcare expenditure per capita. These ...
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The transport services sector generated 25.7% of the total market value of all services in 2015, thus playing a significant role for the Romanian economy. The sector is also a major employer accounting for 5.5% of total employment. Road transport, ...
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Latin America and the Caribbean – one of the most endowed regions in natural resources on a global scale, has prominent positions in the oil and gas industry. In 2015, the region held about 20% and 4.2% of world’s proven reserves of oil ...
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