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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.
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 2023, the country's beer output amounted to 35.6bn litres, ranking first in the ...
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In recent years, the admission criteria for foreign banks have been gradually loosened. In 2018, China relaxed the conditions regarding the operation of foreign banks, allowing them to set up branches and subsidiaries. In January 2024, China's ...
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The machinery and equipment sector is a cornerstone of the Polish economy, contributing substantially to national GDP, employment, and foreign trade. With a positive trade balance of PLN 70.4bn, the sector generates significant export earnings ...
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Poland is a significant IT centre in CEE and is one of the largest producers and exporters of computer hardware in the region. The country has transcended the status of a fundamental service provider and is now a global competitor, a result of ...
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In 2023, the Polish construction sector produced a GVA of PLN 152.2bn (in 2015 prices). The residential building sector's output value, which encompasses construction and assembly, was PLN 24.05bn in 2023, a 3.7% y/y decrease, according to Statistics ...
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The industrial production value of the Polish food and beverage industry stood at PLN 454.4bn in 2023, which represented 13.3% of the economy's GDP (measured at current prices). The export market plays a key role in the development of the Polish food ...
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Brazil's transportation sector is a fundamental pillar of the economy, supporting the country's position as a global leader in agricultural and mineral exports. In 2023, the transportation and logistics sector contributed 3.1% to Brazil's GDP, while ...
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