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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.
In Q3 FY2021, the automotive output volume in India (excluding commercial vehicles) reached 7mn units. On a quarterly basis, production increased by 8.3% in Q3 FY2021 (up from 6.5mn units in Q2 FY2021, excluding commercial vehicles). Along this ...
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Malaysia has one of the ASEAN region’s most developed pharmaceuticals and healthcare sectors. Malaysia has a two-tiered system in which the government, under the Ministry of Health, operates healthcare facilities and regulates medical practice ...
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Latin America was among the hardest-hit regions by the COVID-19 pandemic. The novel coronavirus entered the region at a bad time. The commodities boom at end of the 2000s combined with several local crises afterwards have hurt badly the public ...
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Although Thailand’s pharmaceuticals and healthcare sector has developed considerably over the past few decades, there is still considerable runway for further growth. Thailand stands out amongst emerging market countries for offering universal ...
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The COVID-19 pandemic and the related containment measures – including full-scale lockdowns and other restrictions throughout 2020 – had an unprecedented impact on both car supply and demand across the global automotive market. ...
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Colombia was the fourth-largest pharmaceutical market in Latin America in terms of sales volume in 2019, with a large and growing population, a universal but underfunded social security health insurance system, and a small but rapidly ...
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Coal power still has a towering presence in China’s electricity generation, but the share of nuclear and renewable energy keeps increasing as the country is changing course towards a cleaner energy mix. According to the International ...
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China first identified low-carbon development as an important focus of economic transformation in its 12th FYP guidelines. This time, policymakers reiterated the need to accelerate the process with an aim to meet the carbon ...
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The Indonesian food and beverage (F&B) manufacturing sector contributed 6.4% to the country’s nominal GDP in 2019. The significance of the sector for Indonesia’s economy has been proven by the fact that F&B is one of ...
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The Emerging Europe region covered by the scope of this report comprises Russia, Romania, Turkey and Poland. In terms of their importance on the natural gas and oil markets, this group should be separated into Russia and ...
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