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.
While agriculture's share of national GDP declined slightly to 11.64% in 2025, its gross value added (GVA) in absolute terms continued to climb, gaining 7.7% y/y to reach VND 1,122.5tn. The sector remains a vital cornerstone of rural livelihood, ...
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The oil and gas industry in Poland has transformed significantly in the last several years. PKN Orlen SA, the state-owned oil company, merged with Grupa Lotos in August 2022 and PGNiG in November 2022 to become the largest integrated energy company ...
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The Thai insurance business is highly fragmented, with around 80 regulated insurers operating in the nation. Despite the large number of insurers, Thailand's insurance density in 2024 was a mere USD 371 per capita, far below the USD 2,943 average of ...
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In 2025 the Philippine gross domestic product (GDP) grew by 4.4% y/y, outpacing the 3.2% - 3.4% y/y global average as determined by the World Bank. Growth was strong because the Philippine economy is to a great degree shielded from external adverse ...
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In recent years, China has been opening its financial services market to global investors and gradually easing access restrictions on foreign financial institutions. Insurance is at the forefront of the country's financial market opening. Since 2019, ...
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The chemical sector is one of the critical pillars of the Chinese economy. The consistent development of China's chemical sector has been sustained for over two decades, primarily driven by the increased demand from both domestic and international ...
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China is the world's largest producer and consumer of alcoholic beverages, producing almost one-half of the world's spirits and nearly one-fifth of the world's beer. In 2025, China's beer production reached 35.4bn litres, rising slightly by 0.4% y/y ...
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According to the National Development and Reform Commission (NDRC), China is the world's largest producer of grain, meat, peanuts, vegetables, and fruits. In 2025, China's grain output reached a record high of 714.9mn tonnes. Moreover, the country's ...
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Singapore's transportation industry benefits from the country's role as a regional gateway for trade, business and passenger movement. Its air, maritime and land networks are closely connected to the wider Southeast Asian economy, while the country's ...
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The Brazilian insurance sector entered 2026 with broadly stable aggregate collections outside Supplementary Health, although performance remained highly uneven across business lines. According to the National Confederation of Insurers (CNseg), ...
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