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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 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 addition, the country is the world's biggest consumer ...
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China's healthcare system is hospital-centric, and most of the inpatient and outpatient care in the country is delivered by public hospitals and basic medical institutions. On the other hand, due to the growing demand for specialised healthcare and ...
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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 ...
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Poland boasts a rich heritage in the mining sector and is a prominent player in metal processing within Europe. It ranks as the continent's seventh-largest steel producer and its second-largest producer of refined copper. The industry includes a wide ...
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The populations of India and China are similar, but the Chinese telecom customer base is still considerably higher compared to that of India. The level of affluence of Indian consumers is still relatively low, which translates into relatively low ...
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The Indian insurance sector is critical to the nation's financial system, offering financial protection to individuals and enterprises. It includes life and non-life insurance segments, each of which contributes to India's economic stability and ...
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Turkiye boasts the highest renewable energy capacity in Emerging Europe, with an installed capacity of 62.9 GW as of May 2024. Renewables make up 57% of the nation's total power capacity and contribute over 40% to the overall energy generation mix. ...
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Colombia's mining sector is of great importance for the country in terms of external trade revenues, gross value added and government revenue, mainly due to its vast production of mineral fuels, including thermal and metallurgic coal. The country is ...
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Poland's healthcare and pharmaceutical industry is making significant strides, despite facing substantial challenges. The ongoing war in Ukraine, which followed the COVID-19 pandemic, has placed considerable pressure on the Polish healthcare system. ...
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The food and beverage industry is a key sector for the Thai economy, generating almost 6% of the country's annual GDP. The sector is still recovering from the negative effects of the COVID-19 pandemic, with its gross value added (GVA) in 2023 still ...
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