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.
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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Malaysia is the third-largest motor vehicle manufacturer and market in the ASEAN region, behind Thailand and Indonesia. The domestic market is dominated by passenger vehicles, which represented 56.4% of total sales in 2015. Two national brands, ...
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Construction is the sixth-largest economic sector in India, accounting for 7.8% of the country’s GDP in FY2016, the second-biggest employer (after agriculture), with about 35mn people engaged, and the second-largest recipient of FDI after the ...
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?he transportation sector has emerged as one of the driving forces of Chilean economy, expanding its value added at a CAGR of 5.9% between 2010 and 2015, and reaching a share of 4.9% in the country’s GDP in 2015. In the 2015-2016 Global ...
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Romania is rich in mineral resources such as fossil fuels, salt, gold, silver and non-ferrous metals. Its has the largest oil and natural gas reserves in CEE, however, current production levels are not enough to make the country self-sufficient, thus ...
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Indonesia is the second-largest motor vehicle manufacturer, behind Thailand, and the largest automotive market in the ASEAN region. Due to a robust growth in recent years, the country is forecast to overcome Thailand in motor vehicle production by ...
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