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.
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
After an uptick of 9.1% y/y in Q3 2020, the premium growth of China’s insurance sector recorded a remarkable deceleration in Q4 2020, at 1.8% y/y. The total assets of the insurance sector at end-2020 grew by 13.3% to RMB 23.3tn, ...
View more details
The revenue of China’s food sector in Q1 2021 reached RMB 489.2bn, up by 23% y/y, driven by increased sales and prices of some major foods. The total profit of the food sector in January-March 2021 soared by 37.8% y/y ...
View more details
The COVID-19 pandemic severely impaired the operations of the Mexican automotive sector. It suffered from disruptions to global supply chains, lockdown restrictions and dwindling demand, both in the domestic market and the US – the ...
View more details
The ICT sector of the Philippines is witnessing changes owing to government support and heightened competition. The COVID-19 pandemic which led to a surge in demand for data, exposed the inadequacies in the digital infrastructure ...
View more details
Sold production of the coal mining sector amounted to PLN 24.6bn in 2019, corresponding to 1.1% of Poland's GDP. On average, the sector employed 79,200 people that year, which accounted for 0.7% of the total workforce. The level of ...
View more details
Brazil’s food and beverage sector is of great importance to the country’s external trade, employment and GDP. According to the Brazilian Association of Food Industries (ABIA), the sector’s revenues accounted for 10.6% of ...
View more details
Africa’s construction sector has been playing an increasing role in driving the continent’s economic growth in recent years. Africa is still a developing region and as such, there is a continuous need to address ...
View more details