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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.
Chile holds leading positions in the production and export of several key agricultural commodities such as cherries, grapes, apples, walnuts, poultry meat and salmon. Agriculture plays a major socio-economic role in the country ...
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Transportation and storage is an important sector for the Polish economy, accounting for 7.5% of GVA and 6.3% of total employment in 2019. Poland has a strategic location between Western and Central and Eastern Europe, and so plays a key ...
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The GVA of the manufactured food products sector in Poland in 2019 stood at PLN 49.7bn and accounted for 2.5% of the country’s total GVA. The output value of the sector was PLN 247.2bn, which represented 10.9% of the economy’s ...
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The Emerging Europe region, as covered by the scope of this report, consists of Russia, Turkey, Emerging Europe, Romania, Czechia and Hungary. All of these countries are strategically important to transportation in the region, though ...
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India is a world leader in the production and export of generic pharmaceuticals, accounting for approximately 20% of the global volume of generic drug sales. Despite its export markets success, India’s pharmaceuticals and healthcare ...
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In 2019, Colombia’s agriculture, livestock, forestry, hunting and fisheries sector accounted for 6.7% of the country’s GDP. Between 2014 and 2019, the sector’s GVA rose at a CAGR of 3.3% in real terms. This ...
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The Philippines pharmaceuticals and healthcare sector is entering a phase of accelerated growth. The Philippines economy has grown considerably over the recent years, creating a growing middle-class population with the means to access ...
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The SEA region has had an admirable record in improving its record against infectious diseases over the nearly three decades from 1990 to 2019. The region’s rapid economic growth relative to the rest of the world has contributed to ...
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Indonesia’s pharmaceuticals and healthcare sector is one of the fastest-growing in the ASEAN region. The Indonesian government has prioritised widening healthcare access and increasing the healthcare system’s capacity since 2014. However, ...
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After a slowdown in FY2020 due to dampened economic activity and deleveraging of corporate balance sheets, total assets of the banking sector in Q3 FY2021 slightly grew by 2% q/q. Bank credits (or “loans and advances” as the ...
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