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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 construction sector continues to play a pivotal role in Central and Eastern Europe's (CEE) economic landscape, contributing between 5% and 7% of domestic GDP across most countries in the region. As illustrated by the latest Gross Fixed Capital ...
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India's textile sector is a cornerstone of the economy, ranking as the world's second-largest producer of man-made fibres and the third-largest exporter of textiles and apparel. The sector plays a crucial role in the country's economic growth, ...
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Latin America is home to some of the world's largest reserves of metallic minerals, including copper, iron ore and zinc. As such, the region has numerous metal processing companies and plays an important role in the global trade of metals such as ...
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Latin America's role in the global automotive sector has diminished in the past ten years. In 2023, the region accounted for 7.6% of the world's production and 5.9% of global sales. Nine out of every ten vehicles manufactured in the region are made ...
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Brazil's vast mineral resources, integrated manufacturing industry, and sizable domestic market make it a leading player in the global metal processing sector. According to the United States Geologic Service (USGS), the country is one of the world's ...
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Mexico's electronics manufacturing is one of the leading sectors globally, with an industry that continues growing rapidly and becoming increasingly important to the global supply chain. By 2024, Mexico ranked as the eighth-largest producer of ...
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In recent years, China has been opening its financial services market to global investors and gradually easing access restrictions on foreign financial institutions. Insurance is at the forefront of the country's financial market opening. Since ...
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