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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.
The Philippines is an archipelago with over 7,000 islands with complex and challenging topography and that makes its transportation needs diverse. Thus, developing a multimodal interconnected transport network is the key to enhancing access and ...
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The construction sector, characterised by its extensive supply chain and substantial investments, is regarded as one of the pillars of China's economy. In 2024, the added value of the construction industry accounted for nearly 6.7% of the national ...
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Since 2017, China has been the second largest pharmaceutical market, after the US, according to Deloitte, and at the end of 2024 it had a share of 10% of the global pharmaceutical market. According to the National Bureau of Statistics (NBS), the ...
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The chemical industry plays a vital role in the economies of Central and Eastern Europe (CEE), serving as both a foundational input provider for other sectors and a major contributor to industrial output, exports, and employment. While CEE countries ...
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Considering capacity utilisation, as of 2024, Slovakia recorded the highest capacity utilisation rate in basic metals, reaching 80.3%, indicating stable demand and efficient production across its steel and non-ferrous segments. This strong ...
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The real estate sector in Central and Eastern Europe (CEE) continues to assert its position as a crucial driver of economic growth, typically accounting for 5%-7% of GDP in most markets. Over the last few years, gross value added (GVA) from real ...
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In 2024, electricity generation in Latin America and the Caribbean (LAC) grew by 5.5%, primarily driven by the expansion of wind and solar photovoltaic plants, as well as an increased share of natural gas in the energy matrix. In order of ...
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The Brazilian automotive industry is undergoing a profound transformation, driven by the post-pandemic recovery, electrification trends and intensified global competition. In 2024, Brazil produced 2.5mn units, maintaining its position as the largest ...
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