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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.
China’s healthcare sector continued to grow in Q4 2018, largely stimulated by the expansion of online healthcare services. The growth was attributed to increasing demand for quality healthcare, driven by the country’s strong economic ...
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Colombia’s tourism sector has significant growth potential due to the country’s natural and cultural resources. The recent demobilisation of the insurgent group FARC has stimulated demand for tourist services due to an improved security ...
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The revenue of China’s food sector registered a slight increase of 1.9% y/y to RMB 461.4bn in the last quarter of 2018. The revenue in 2018 slumped by 17.1% y/y to RMB 1,834.8bn, mainly due to an 8.1% decline in pork prices. The total profit of ...
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The Emerging Europe region as covered by the scope of the report consists of Russia, Romania, Turkey, Poland, Hungary and the Czech Republic (listed in order from the largest to thesmallest oil producers). In terms of their importance on the natural ...
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The Philippine transportation sector accounted for 3.6% of national GDP in 2018. Though suffering from under-investment in recent decades, transportation has excellent prospects for the future as adding transport-related infrastructure has been among ...
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China produces one-third of the world’s meat, a quarter of the its fruit and one-fourth of its beer. It accounts for one half of global consumption of vegetables and a third of the baijiu consumed in the world. It is also the world’s ...
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The revenue of China’s beverage sector continued to decline in 2018, mainly due to decreased sales of soft drinks and baijiu. Beverage retail sales in Q4 2018 were down by 1.6% y/y to RMB 53.2bn, and in the full 2018 they fell by 10.3% y/y to ...
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Russia is home to the largest ICT market in Europe, catering to a population of more than 147mn people. With a penetration rate of almost 160% in the mobile telephony segment and 76% in the mobile broadband segment, the telecoms market is highly ...
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The metallic and non-metallic mineral mining sector was responsible for 1.1% of Poland’s GDP in 2017 and employed 14,680 persons. The main non-coal minerals extracted in Poland are copper, silver, zinc and lead, as well as many industrial ...
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Turkey’s healthcare system has been fully reformed under the 2003-2013 Health Transformation Programme (HTP), which helped expand the coverage and quality of health services across the country. Health insurance coverage reached 98.4% of the ...
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