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 metal processing sector is a critical pillar of the country's industrial ecosystem, enabling growth across infrastructure, energy, mobility, manufacturing, and consumer goods. It encompasses a broad spectrum of activities, from the extraction ...
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Poland's healthcare and pharmaceutical sector is dynamic and rapidly evolving, marked by innovation, resilience, and a growing global presence despite substantial challenges. The ongoing war in Ukraine, which followed the COVID-19 pandemic, has ...
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China is the world's largest producer, consumer, and exporter of steel. The country's crude steel production and consumption have both ranked first in the world for 29 consecutive years, according to the China Iron and Steel Association (CISA). In ...
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Colombia's GDP grew by 1.7% y/y in real terms in 2024, driven primarily by private consumption on the demand side, which increased from 0.4% in 2023 to 1.6% in 2024. This strengthening of demand has allowed for the gradual recovery of the retail ...
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India's pharmaceutical and healthcare sector is world-renowned. India's reputation as the "pharmacy of the world" was earned from its extensive production of generic medications and vaccines. For instance, Serum Institute of India, a vaccine producer ...
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The construction sector, characterised by its extensive supply chain and substantial investments, is regarded as one of the pillars of China's economy. In 2024, the added value of the construction industry accounted for nearly 6.7% of the national ...
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The rising demand for high-value-added internet-based services is shaping the Polish telecoms industry, with firms concentrating their efforts on the provision of fixed and mobile broadband services as their customer base showed the most dynamic ...
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Singapore has one of the most sophisticated and mature telecommunications markets in Asia, with mobile devices connected almost exclusively to ultra-fast 4G and 5G networks and wireline connectivity that is nearly 100% based on fibre, from the ...
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Singapore's electronics sector remains a central pillar of the national economy, contributing approximately 8% to GDP and 38% of fixed asset investments. It is globally significant, producing around 10% of the world's semiconductors and serving as ...
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In 2024 Singapore's banking system remained resilient, supported by strong capital and liquidity buffers. Loans to non-bank entities started to expand, driven by credit to resident borrowers, which was supported by rising consumer confidence and a ...
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