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 construction sector, characterised by its extensive supply chain and substantial investments, is regarded as one of the pillars of China's economy. In recent years, the slowing pace of macroeconomic growth in China has underscored the increasing ...
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China is the world's largest producer, consumer, and exporter of steel. The country's crude steel production and consumption have both ranked first in the world for 28 consecutive years, according to the China Iron and Steel Association (CISA). In ...
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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 ...
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By Q3 2024, the telecommunication sector of Brazil reached BRL 46bn in revenues, with 347.4mn of clients across the four main segments: mobile telephony, fixed broadband, fixed telephony, and pay TV. The increasing demand for internet-based services ...
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Indonesia's banking sector continued to expand at a rapid pace in 2023, supported by strong economic growth. Lending activity remained robust for a second year in a row, rising in double-digits on the back of strong demand from both the corporate and ...
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The largest producer of four-wheel vehicles in ASEAN, Thailand has positioned itself as a regional production and export hub. The strength of the Thai automotive industry lies in the long-standing presence of Japanese motor vehicle manufacturers, ...
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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 ...
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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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