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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.
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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Ecuador is a major player in the oil and gas sector in Latin America. A member of the Organisation of Petroleum Exporting Countries (OPEC), Ecuador had the fourth-largest proven oil reserves in the region and was its sixth-biggest crude oil producer ...
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Venezuela is a leading player in the global oil and gas industry. A founding member of the Organisation of Petroleum Exporting Countries (OPEC) and of the Gas Exporting Countries Forum (GECF), Venezuela holds the world’s largest proven oil ...
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India is the world’s sixth-largest motor vehicle producer, claiming a share of some 5% in global vehicle manufacturing in FY2016. The country is also the world’s seventh-largest commercial vehicle producer. The industry’s output, ...
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China is the world’s largest producer of paper and paperboard, with a production volume of 123.2mn tonnes in 2016. The sector accounts for 0.5% of China’s total fixed asset investment and 1.4% of its industrial employment. The paper ...
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The food and beverage industry is among the largest economic sectors in Mexico, accounting for 4.6% of the country's GDP, 2.8% of national exports, 8% of total FDI and 1.5% of formal employment in the country in 2015. Over the period 2010-2016, the ...
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