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.
Poland's transportation sector is characterised by a shift towards larger companies, offering opportunities amid the challenges. The market has witnessed global interest, with numerous mergers and acquisitions taking place. Challenges for newcomers ...
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The oil and gas sector fuels the economies of a number of countries in the ASEAN region, with the main players being Indonesia and Malaysia. Thailand and Vietnam are emerging as critical players, with growing exploration efforts and considerable ...
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In Q3 2023, total insurance premium income in Brazil saw an increase of 11.5% y/y to BRL 175.7bn. This rise was mainly explained by the recovery of the economy, as GDP rose by 2% y/y in the quarter. Life insurance premium income went up by 9.7% y/y ...
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Extra-metropolitan retail establishments and mixed-use communities are proliferating in tandem with the urbanization of the nation. It is anticipated that metropolitan areas, including Metro Manila and Cebu City, will experience a surge in demand for ...
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The Philippines' healthcare system comprises both public and private components. In the Philippines, public healthcare is devolved to local government units, with the central government operating only a few tertiary care and specialist health ...
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The Polish banking sector is characterised by its high stability and safety. It is also one of the most developed in Central and Eastern Europe (CEE). At the end of 2022, the banking sector's assets were worth 88.8% of GDP, which was below the 92.7% ...
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The motor vehicle industry in Latin America continues to recover from the negative effects of the pandemic, but the recovery in 2021 and 2022 (both in output and domestic sales) was insufficient to reach the pre-pandemic volumes reported in 2019 ...
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