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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.
India’s electric power sector, comprising generation, transmission and distribution, is a key enabler of the country’s economic growth. Globally, India is the third-largest producer of power, after China and the US. Total electricity ...
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Chile is a relatively small economy – the 41st largest in the world and the fifth-biggest in Latin America in 2017, according to the World Bank. However, its retail sector is well developed, mature and sophisticated, and in many aspects on par ...
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The Pharmaceuticals & Healthcare sector in the Philippines is in a phase of accelerating growth as strong economic performance in the country has been making healthcare more accessible to Filipinos. Additionally, the Philippines government has ...
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Russia’s mining and quarrying sector is a key industry in the country’s economy with the value of production equal to 15% of the nominal GDP in 2017. In Russian statistics, the sector includes extraction of oil and gas, the ...
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Thailand tourism & leisure sector plays a significant role in the national economy. According to World Travel & Tourism Council (WTTC), the sector made a direct contribution of THB 1.4tn to the economy in 2017, and the number increases to THB ...
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Construction has always been a favoured tool of the Chinese authorities for stimulating the economy and its development closely reflects that of GDP. The slowdown of China’s economy has resulted in more balanced growth of the sector during the ...
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Ecuador is a major player in the oil and gas sector in Latin America. A member of the Organisation of Petroleum Exporting Countries (OPEC), in 2017 Ecuador had the third-largest proven oil reserves in the region and was its sixth-biggest oil producer ...
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The revenue of China’s textile sector in the second quarter of 2018 plummeted by 25.7% y/y to RMB 818.8bn, due to decreased sales of textiles. With the stringent environmental protection policies of the Chinese government toward some of the ...
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In the second quarter of 2018 the revenue of China’s rubber products sector contracted by 24.7% y/y to RMB 220.3bn, as a result of the decline in production and sales volumes. In this period, the sales revenue of the largest subsector – ...
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The importance of the retail sector for the Polish economy is tremendous. The sector employs around 18% of the country's workforce and in 2017 the value of retail sales was equal to over 40% of Poland's GDP. The sector is becoming more and more ...
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