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.
In 2023, the Brazilian retail sector grew, with a 1.7% y/y increase in sales volume, according to the Brazilian Institute of Geography and Statistics (IBGE). In terms of nominal revenue, there was a significant rise of 4.1% y/y. Expanding the scope ...
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Africa's infrastructure sector faces a complex reality. Despite its vast potential, the continent struggles with a significant infrastructure deficit. The continent remains a laggard when it comes to access to energy, water, and digital ...
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The 2023-2024 crop year, which ended in June, was generally challenging for Indian agricultural producers. In the 2023-2024 crop year, the El Nino climate phenomenon resulted in suboptimal foodgrain and pulse output due to the poor monsoon rainfall. ...
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Indonesia's advancement in renewable energy adoption has been slow, with the country consistently lagging behind its stated targets. Coal remains the predominant source of electricity generation due to the country's abundant and cheap coal resources. ...
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The government's decade-long policy to promote domestic manufacturing and establish India as a global hub for the electronics industry has contributed to the sustained increase in consumer electronics production in India in H2 FY2024. Apple's ...
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In Q1 2024, the net revenue of Brazil's telecom industry stood at BRL 44.2bn, growing by 3.8% compared to Q1 2023 and by 0.7% compared to Q4 2023. Mobile telephony services (including mobile broadband services) accounted for 50% of total revenue in ...
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India's consumer goods and retail sector experienced substantial growth over H2 FY2024, which indicates the economy's ongoing recovery following the pandemic. During this period, rural Indian consumers exhibited a generally weakened propensity to ...
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The Indian pharmaceuticals and healthcare sector is experiencing an increase in activity. India's robust economic growth and the increased health awareness post-pandemic drive more patients and their families to private healthcare service providers. ...
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India's steel sector stands as a cornerstone of the nation's industrial landscape, playing a critical role in the country's economic development. Fuelled by substantial government infrastructure initiatives and increasing private sector investments, ...
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Since the sweeping economic reforms in the 1980s, Vietnam has established itself as one of the world's leading exporters and producers of agricultural goods such as rice, pork, fruits and coffee. With the transition towards a service economy, the ...
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