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.
The Russian healthcare and pharmaceutical sector is suffering under the impact of ongoing recession in the Russian economy and depressed domestic demand. The healthcare system is in dire need of financing as lower oil prices and a sharply devalued ...
View more details
Mexico is home to the second-largest ICT sector in Latin America (after Brazil) in terms of subscriber numbers. Nevertheless, the country presents relatively low penetration rates in the main ICT products and services – such as mobile telephony ...
View more details
The food sector is a strategic one for China’s economy, as it provides sustenance to almost 20% of the world’s population and provides the impetus for many other sectors, such as agriculture, transportation, machinery and vehicle ...
View more details
Brazil is a major global player in the production of ferrous and non-ferrous metals, ranking among the world’s top ten crude steel manufacturers between 2010 and 2015. The country was also the largest primary aluminium manufacturer and the ...
View more details
Hungary’s mining and quarrying sector accounted for less than 1% of GDP in 2015. The output of the sector fell by 11.8% y/y in 2015 and the downward trend continued in the first seven months of 2016 with a decline of 27.6% y/y. The decrease was ...
View more details
The food and beverage sector of the Philippines accounted for 10% of GDP and for 50.1% of the nominal value added of manufacturing in 2015. Although the country is a large producer of coconut products and tropical fruits, the foreign trade gap in ...
View more details
The oil and gas sector, one of the most important economic sectors in Malaysia, accounted for 11.3% of the country’s GDP in 2015. In that year, the state oil company, Petronas, contributed a total of MYR 26bn in dividends to the Malaysian ...
View more details
In 2015, the GVA of real estate activities came to PLN 84.106bn, up 5.1% y/y. The sector represented 4.7% of GDP in that year. Real estate and the closely related construction sector together generated over 12% of GDP. Just over 200,000 people were ...
View more details
The food and beverage sector is one of the leading sectors in the manufacturing industry in Russia, generating a GVA of RUB 1.487tn in 2015. It accounted for 14.5% of the GVA in manufacturing, which amounted to RUB 10.2tn in 2015. The sector ...
View more details
The Romanian financial sector has a sizable potential to catch up to regional and EU development levels. The domestic credit-to-GDP ratio amounted to 29.9% in 2015, one of the smallest numbers in Europe. The financial sector generated 3.4% of the ...
View more details