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.
Thailand has a long-established reputation for being the “kitchen of the world”, with its food and beverage producers reaching consumers worldwide. Thailand is Asia’s second-largest net food exporter. The country ...View more details
Revenues from the production, distribution and trade of electricity stood at PLN 154.1bn in 2019 (latest available data), recording an increase of 15.4% y/y and corresponding to 6.7% of Poland’s GDP. In 2020, gross electric energy ...View more details
The Philippine banking sector has been characterised with strong fundamentals given the various reforms the country has undertaken following the lessons from various crises in the past. This is good news for an emerging country ...View more details
Year 2020 was an exception year due to COVID-19. Prior to the pandemic, the transport and storage GDP saw robust growth of around 6% y/y between 2016 and 2019. Steady positive growth was also recorded across subsectors. The ...View more details
Indonesia is home to ASEAN’s largest market for two- and four-wheel vehicles and the second largest motor vehicle producer. A number of global automotive brands have opened production sites in the country or plan to do so. ...View more details
In the first quarter of 2021, the sales volume and sales revenue of China’s real estate sector reached 360mn m2 and RMB 3,838bn, which represented y/y increases of 63.8% and 88.5%, respectively. Compared to the first quarter ...View more details
In Q1 2021, China’s iron and steel sector exhibited superb performance, significantly expanding both in terms of demand and supply. On the demand side, the sales volume and sales revenue of China’s steel products reached 188 ...View more details