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.
Hungary has attracted significant foreign investment to its automotive sector over the last ten years, managing to attract around 40 of the top 100 global OEM parts suppliers. Global automotive firms including Daimler, Audi, Opel and Suzuki have ...
View more details
Under the government’s constant efforts to alleviate the air pollution problems through coal-to-gas conversion programmes, total gas consumption in China saw a robust 17.7% y/y increase in 2018. However, domestic gas production only grew by 8 ...
View more details
The chemical sector is one of the key pillars of the Chinese economy. It comprises five major subsectors – agricultural chemicals, basic chemicals, synthetic materials, paints and coatings, and special purpose chemicals. Over the past two ...
View more details
The metal-processing sector takes a small share in the national economy. With an approximate 2% contribution to the aggregate GVA and 12% to domestic manufacturing, the sector has plenty of room for future growth. India is 100% self-sufficient in ...
View more details
Brazil’s tourism sector has solid growth potential thanks to the country’s diverse natural and cultural resources, which were ranked among the top ten in the world by the 2019 Travel and Tourism Competitiveness Report by the World ...
View more details
In 2018, Poland was the eighth-largest real estate market in Europe with commercial real estate transactions worth a record EUR 7.2bn. The domestic market was supported by robust demand for modern office, industrial and retail buildings coupled with ...
View more details
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 Energy ...
View more details
With some RUB 94tn in total assets, the penetration of the Russian banking system in the economy translates into a 90.6% share of the GDP. The financial sector generated a gross value added (GVA) equal to 3.7% of the country’s GDP and employed ...
View more details
Malaysia is the third largest motor vehicle market in the ASEAN region, after Thailand and Indonesia. Passenger vehicles represented 50.7% and 49.8% of total production and sales, respectively, in 2018. Malaysia has two national brands, Perodua and ...
View more details
Argentina has the third-largest ICT market in Latin America in terms of number of subscribers, behind only Brazil and Mexico. By regional standards, the country also has high penetration rates in the main ICT services: mobile telephony, fixed-line ...
View more details