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 chemical industry plays a vital role in the economies of Central and Eastern Europe (CEE), serving as both a foundational input provider for other sectors and a major contributor to industrial output, exports, and employment. While CEE countries ...
View more details
Considering capacity utilisation, as of 2024, Slovakia recorded the highest capacity utilisation rate in basic metals, reaching 80.3%, indicating stable demand and efficient production across its steel and non-ferrous segments. This strong ...
View more details
The real estate sector in Central and Eastern Europe (CEE) continues to assert its position as a crucial driver of economic growth, typically accounting for 5%-7% of GDP in most markets. Over the last few years, gross value added (GVA) from real ...
View more details
In 2024, electricity generation in Latin America and the Caribbean (LAC) grew by 5.5%, primarily driven by the expansion of wind and solar photovoltaic plants, as well as an increased share of natural gas in the energy matrix. In order of ...
View more details
The Brazilian automotive industry is undergoing a profound transformation, driven by the post-pandemic recovery, electrification trends and intensified global competition. In 2024, Brazil produced 2.5mn units, maintaining its position as the largest ...
View more details
The Central and Eastern European (CEE) banking sector has navigated an increasingly complex macroeconomic and regulatory environment over the past five years, marked by shifting monetary policies, resilient financial fundamentals, and ongoing ...
View more details
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 2024, China's production of baijiu and beer reached 4.1bn litres and 35.2bn ...
View more details
In recent years, the admission criteria for foreign banks have been gradually loosened. In 2018, China relaxed the rules on the operation of foreign banks, allowing them to set up branches and subsidiaries. In January 2024, the National Financial ...
View more details