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.
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According to the International Renewable Energy Agency (IRENA), Brazil ranked third globally in 2023 for renewable energy installed capacity, totalling 194,084 MW, behind only China (1,453,701 MW) and the United States (385,204 MW). This achievement ...
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Singapore has emerged as a global air and sea transportation centre as a result of its dynamic export-oriented economy, its advantageous geographical location in the heart of Southeast Asia and the consistent efforts of policymakers. Despite the ...
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Malaysia's renewable energy sector is expanding, driven by ambitious government targets, solid policy frameworks and strong domestic and foreign investment interest. Total installed renewable energy (RE) capacity reached 9.45 GW in 2024, up from 9.29 ...
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China's mobile communications equipment sector can be broadly divided into two sub-sectors: communication terminal equipment (e.g., mobile handsets) and communication station equipment (e.g., base stations and IoT communication modules). In 2024, the ...
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The transportation sector is essential to the strategic running of the national economy, as well as an important service industry. In 2024, the added value of China's transportation sector accounted for 4.4% of total GDP. During the year, China's ...
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The real estate sector plays a sizeable role in the Brazilian economy, accounting for around 7.6% of the country's GDP in 2024, although this figure was well below the 8.4% share registered in 2019. From 2019 to 2024, the real estate sector's real ...
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The Mexican oil and gas sector has undergone significant regulatory shifts in the last decade. The 2013 energy reform (under the administration of former President Enrique Peña Nieto) intended to foster competition by opening the sector to private ...
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