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.
In a Latin American context, Chile is not a particularly large pharmaceutical and healthcare market, since its population is relatively small and healthy in terms of incidence of communicable diseases. However, the country’s changing ...
View more details
Russia is home to the fifth largest car market in Europe and the ninth largest in the world. The automotive industry, however, takes less than half percent of the economy and employs just 3% of the manufacturing sector’s workforce. ...
View more details
The electric power sector is usually one of the first industries that are affected by crises, and in Brazil it was no different. The 2015 recession had dampened growth and investments, but 2019 promised a solid recovery in years to come. ...
View more details
Brazil’s oil and gas sector has been transformed by the discovery and development of the abundant hydrocarbon reservoirs in the pre-salt offshore region, which started in 2006. A decade later, the country surpassed Mexico ...
View more details
Argentina occupies leading positions in the production and export of several agricultural commodities, ranking among the world’s ten biggest producers of soybean, maize, wheat, sunflower, beef and poultry meat ...
View more details
As of the end of 2019, Latin America and the Caribbean accounted for 19.0% of the world’s crude oil reserves and 4.1% of natural gas reserves, turning the region into a prominent player in the global oil and natural gas industry ...
View more details
Malaysia has an established manufacturing base for consumer electronics, catering for both local and export demand. The country’s exposure to the global smartphone value chain is mainly in the semiconductor end, especially in ...
View more details
Colombia’s ICT sector is of great importance to the country in terms of GDP, employment and investment. In 2019, the information and communications sector’s gross value added increased by 1.7% y/y in real terms, reaching COP 24 ...
View more details
The effects of the COVID-19 pandemic influenced the performance of Brazil’s economy in 2020; the banking sector was no exception, reporting a drop in profitability with return on equity down 3.1pp as of September 2020 compared to ...
View more details
The third quarter of 2020 was marked by a recovery of retail trade in Brazil. According to the IBGE Monthly Trade Survey, nominal sales revenue expanded by 10.8% y/y – the fastest pace since the beginning of the survey. In real terms, ...
View more details