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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.
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The Russian banking sector’s penetration is among the lowest by global standards and below that of some regional peers. With the share of private non-financial sector loans to GDP standing at 51%, Russia ranks well below the world ...
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The transportation sector in Latin America still faces the challenges of most developing countries: inadequate infrastructure; informality; lack of diversity and limited availability of intermodal services. According to the World Economic ...
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The wood and paper sector is one of Brazil’s most competitive industries on an international scale. Its main advantages feature an abundance of available land, favourable soil and climatic conditions and high ...
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The Indian ICT sector is highly competitive. India’s young, and increasingly affluent, population is driving demand for ICT products and services, and this dynamic has attracted participation by large domestic and multinational firms. ...
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India is one of the world’s most significant food and beverage producers and has a substantial share of the global export markets in various categories, including rice, sugar, eggs, and beef (buffalo meat). Nevertheless, ...
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