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.
According to Deloitte, China has been the second largest pharmaceutical market after the US since 2017 and had a market share of 11% in the global pharmaceutical market by the end of 2022. According to the National Bureau of Statistics (NBS), the ...
View more details
The real estate sector is a major pillar of China's economy and plays a crucial role in the country's economic growth. In 2023, the added value achieved by the real estate sector reached RMB 7,372bn, accounting for 5.8% of the GDP. In addition, 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
In 2023, the global machinery and equipment sector expanded by 7.6%, driven by infrastructure projects and the demand for industrial, construction and agricultural machinery amid pressures from inflation and supply chain constraints. Key trends ...
View more details
Africa's telecommunications industry has expanded rapidly in recent years, driven primarily by the mobile services segment. The number of mobile cellular subscribers in Africa more than doubled over the past decade rising at a compound annual growth ...
View more details
With PLN 218.1bn of assets and PLN 78.9bn of premiums in 2023, the Polish insurance market is the largest in Central and Eastern Europe (CEE). However, it remains far less saturated than in Western European countries. According to estimates by the ...
View more details
Over 2022-2024, EU members' joint efforts have been focused on saving energy, diversifying sources of energy, reducing the share of Russia in the region's energy imports and increasing production of renewable energy, all objectives envisaged by the ...
View more details
Poland is a major producer and exporter of agricultural products in the EU. The agribusiness industry accounted for 2.7% of the country's GDP in 2023. The export market plays a key role in the development of the Polish agribusiness industry, with the ...
View more details
The infrastructure sector is central to the Middle East and North Africa's (MENA) economic development and diversification strategies, playing a pivotal role in shaping the region's long-term growth prospects. Oil countries across the region are ...
View more details
Colombia ranks highly in Latin America's electric power market due to its sizeable population and large hydropower resources. However, the reliance of its economy on fossil fuels and limited manufacturing hold it back from being a regional powerhouse ...
View more details