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Banking and insurance
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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The insurance sector in Central and Eastern Europe (CEE) presents a dual narrative of latent growth potential and persistent structural underdevelopment. Despite two decades of economic convergence with Western Europe, CEE insurance markets continue ...
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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 ...
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China is one of the largest food producers and consumers globally. It has been the world's biggest producer of grain and meat since 2012, according to the National Bureau of Statistics (NBS). In 2024, China's grain output reached a record high of 706 ...
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