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 Q2 2020, the operating environment for the Chinese banking sector remained tough. According to the statistics published by China Banking and Insurance Regulatory Commission (CBIRC), the net profit of commercial banks from January to June ...
View more details
Thailand’s population has generally enjoyed the fruits of increased wealth over the past few decades. The incidence of poverty has considerably diminished from more than 60% in 1988 to less than 10% by 2018. According to the Boston ...
View more details
The chemicals industry is a major contributor to the Malaysian economy, with petrochemicals and oleochemicals as its principal products. Availability of feedstock and resources, supportive government policies for investors, and a conducive ...
View more details
Domestic manufacturers dominated India’s consumer electronics before India’s economic liberalisation, which began in 1991. Today, Indian consumers prefer international brands and most domestic producers have been relegated ...
View more details
China is the largest agricultural economy globally, consuming and producing more than half of the world's pork, as well as supplying one third of the horticultural products, rice and cotton, and close to 20% of the wheat, maize and poultry ...
View more details
The real estate and construction sector in Indonesia has a priority in the government’s policy agenda. Because of this, the sector’s importance in the economic growth and job creation has increased in recent years. In 2019, ...
View more details
Following a challenging first quarter with a GDP decline of 6.8% y/y, the Chinese economy rebounded in Q2 2020, recording a 3.2% y/y growth. The upturn was largely attributed to effective measures on pandemic prevention and control, as well ...
View more details
China’s aviation sector is of key importance to the national economy, reflecting its increasing level of modernisation and robust growth. China’s vast territory and its geographical location assign the aviation sector ...
View more details
After recording a moderate 3.9% y/y increase of insurance premiums in 2018, China’s insurance market resumed its fast growth track in 2019, the insurance premium income rising by 12.2% y/y to RMB4.27tn. In terms of product breakdown, ...
View more details
In the second quarter of 2020, China’s economy recovered significantly. NBS data shows that the GDP growth rate turned from -6.8% y/y in Q1 2020 to 3.2% y/y in Q2 2020. According to the Meeting of the Political Bureau of the CPC, held ...
View more details