Secure shopping
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.
Amidst a backdrop of pandemic-induced challenges, Colombia's real estate and construction sector demonstrated resilience and growth during 2019 to 2022 but is now facing challenges in Q2 2023. GVA has decreased by 3.7% y/y compared to the same period ...
View more details
The Colombian automotive industry is characterised by dissimilar levels of development at the segment level. Motorcycles are the main product of the Colombian automotive sector as the country kept its position as the second largest motorcycle ...
View more details
According to the Monthly Survey of Trade by Brazil's Statistics Office (IBGE), in June 2023, the retail trade sector in Brazil demonstrated a certain degree of stability, as sales volume only increased by 0.3% y/y during Q2 2023. However, when ...
View more details
In 2022, Brazil's automotive sector showed mixed signs of recovery from the negative effects of the COVID-19 pandemic. Motor vehicle output registered its second consecutive annual growth rate in 2022, albeit significantly below the pre-pandemic ...
View more details
The consumer electronics manufacturing sector in Vietnam has been gathering significant momentum over the last couple of decades and as a result the country has become a top-tier global exporter of electronic equipment and components. The key drivers ...
View more details
In 2022, Brazil's electric energy sector recorded an installed capacity of 189,126.6 MW, an increase of 4.1% y/y, constituting the second largest expansion since the Energy Research Company (EPE) was founded in 2004. Renewable energy sources ...
View more details
The infrastructure sector is among the brightest in the Polish economy. The government considers the sector to be of significant importance to driving the country's economic progress, enhancing living standards and ensuring a sustainable future. EU ...
View more details
The COVID-19 pandemic boosted the adoption of digital financial services, a shift that was particularly remarkable in Latin America. According to the Global Findex Database published by the World Bank, in 2017, Latin America lagged behind the global ...
View more details