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's mobile communications equipment sector can be broadly divided into two subsectors: communication terminal equipment (e.g., mobile handsets) and communication station equipment (e.g., base stations and IoT communication modules). In 2023, the ...
View more details
Poland's electricity sector has been rebounding over the past couple of years, driven by high energy prices and increased public and private investment, including support from the EU. Additionally, the electrification of various sectors and the ...
View more details
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 ...
View more details
The Indian steel sector is a key pillar of the nation's economy, playing a vital role in industrial growth, infrastructure development, and job creation. With a strong foundation of abundant raw materials like iron ore and affordable labour, the ...
View more details
Colombia was the fourth largest pharmaceutical market in Latin America in terms of sales value as of June 2022, and has a large and growing population. The country has a near-universal social security health insurance system, which suffers from ...
View more details
In Q2 2024, sales of new motor vehicles in Brazil stood at 629,402 units, increasing by 19.5% y/y and by 22.3% against Q1 2024. Passenger cars were the leading category with a market share of 75% in Q1 2024, followed by light commercial vehicles and ...
View more details
In Q1 2024, Brazil's total insurance premium income grew by 13.1% y/y, reaching BRL 178.3bn, driven by the strong expansion of the country's economy, with real GDP rising by a seasonally-adjusted 2.1% y/y during the quarter. Life insurance premium ...
View more details
China's automotive sector continued to rank first globally in terms of production and sales in 2023. According to the statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...
View more details
China's telecommunications sector is relatively concentrated, with a few large state-owned enterprises. However, the government has also introduced new measures to allow more market participants in the sector to boost investment in emerging areas ...
View more details
To satisfy its growing demand for crops and other agricultural products, China - the world's second most populous country and second biggest economy - needs fertilisers to balance food supply with demand. The country has just 9% of the world's arable ...
View more details