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.
India's agricultural sector is of crucial importance to the domestic economy, supplying resources for the food, textile and energy industries. As of FY2016, the sector accounted for 15% of the country's value added, providing employment to almost 60% ...
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Mexico’s automotive sector has experienced a steady expansion in the last 20 years. Whereas in 1993 the automotive value chain, including the production of motor vehicles and auto parts, accounted for 1.5% of the country’s GDP and for 8 ...
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Malaysia is self-sufficient in terms of power generation, with natural gas and coal being the main fuels used in power generation. The Malaysian market comprises three main utilities companies that have the largest market share in the power ...
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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 further potential. The industry had experienced a robust growth before 2014, often outperforming ...
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The Polish chemical industry represents around 4% of the value of the European chemical market according to MarketLine data for 2015, which covers specialty chemicals, commodity chemicals, agricultural chemicals and pharmaceutical chemicals. The ...
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Russia’s transportation network is among the most extensive ones in the world. Its vast geography makes transportation a vital component of the economy as the country’s exports are heavily oriented towards the sale of raw materials, which ...
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China is the largest alcoholic beverages producer and consumer in the world, consuming one-third of the world’s spirits and a quarter of the world’s beer. Its beer production ranked first in the world for 14 consecutive years and the ...
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The value added of Thailand’s transport rose by 7.4% y/y in 2015. The sector employed some 1.2 million people, or roughly 3.1% of the total employment in 2015. Although Thailand is a popular tourist destination, the country runs a foreign trade ...
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The construction sector, one of the key drivers of economic growth in the past decade, is undergoing a profound restructuring triggered by structural transformation of the Brazilian economy after the end of the commodities boom, low government ...
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As China has grown to become the world's biggest economy, the production, imports and consumption of natural gas have turned into a crucial component of the country's growth and energy needs, especially given the government’s increasing ...
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