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.
Fintech companies in the CEE region have emerged as key players not only in transforming traditional financial services but also in attracting robust venture capital investments. Recent analyses show that among the 3,800 VC-backed startups operating ...
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China's automotive sector continued to rank first globally in terms of production and sales in 2024. According to statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...
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Thailand's pharmaceutical and healthcare industries have grown significantly in recent decades. In 2002, the Thai government began providing universal healthcare to all Thai citizens, a successful initiative covering more than 99.9% of the Thai ...
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The mining sector plays a pivotal role in the economic performance of many countries across Africa, serving as a major source of export earnings, employment, and government revenue. The continent is endowed with extraordinary mineral wealth, ...
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The steel industry is a cornerstone of India's economic growth, providing essential raw materials for key sectors such as automotive, construction, and transportation. Its influence extends across the economy through strong upstream and downstream ...
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Thailand's electric power sector is undergoing a shift towards a more sustainable energy architecture in order to meet rising demand and targets to become carbon neutral by 2050. Central to this shift is an aim to reduce the reliance on fossil fuels ...
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India's mining sector is a cornerstone of the country's industrial and economic development, fueled by rapid urbanization, infrastructure growth, and the rising demand for energy and raw materials. As a resource-rich nation, India continues to expand ...
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The development of transport infrastructure is a vital driver of Indonesia's economic growth, particularly given its geographical complexity as the world's largest archipelagic nation, comprising more than 17,000 islands. In 2024, the transportation ...
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The 2019-2023 featured the 2020 crisis by the COVID19 pandemic and the shock of the 2022 Russian invasion of Ukraine. These two events had an impact on the European electricity sector, as the rise in inflation and the dependence on Russian energy ...
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