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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 div🌺erse financial investment activities. The sector also i🌠ncludes insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
The importance of the retail sector for the Polish economy i🔯s tremendous. The sector employs around 1𝔍8% of the country's workforce and in 2017 the value of retail sales was equal to over 40% of Poland's GDP. The sector is becoming more and more ...
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In the second quarter of 2018 the revenue of China’s rubber products sector contracted by 24.7% y/y to RMB 220.3bn, as a result of the decline in production and sales volumes. In this period, the sal💎es revenue of the largest subsector – ...
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China&rsqu♛o;s retail sector continued to grow in Q2 2018, although the pace of growth slowed down to 3.7% y/y. The sector was driven by strong domestic consumption which contributed 78.5% to the country’s economic growth in the first half of ...
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Demand for the products and services of the Pharmaceuticals & Healthcare sector has been growing strongly in Thailand over the past few years. Thailand has one of the most 🌄rapidly aging societies in Asia. The country&rs🍰quo;s rising affluence has ...
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In 2017, written premiums in Colombia roseꦿ by 5.5% in real terms and 8% y/y ♉in nominal terms, despite a backdrop of slow economic activity. In comparison, globally the value of written premiums grew by just 1.5% in real terms in 2017, according to a ...
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In Q2 2018, the continuity of financial deleveraging and trade frictions with the US moderated China’s GDP growth to ♚6.7% y/y from 6.8% y/y in the previous quarter. Due to robust transactions in central and weste💖rn China, sales of commodity ...
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In Q2 2018, the revenue of Chinꩵa’s ferrous metal smelting and pressing sector rose by 20.4% y/y to RMB 1.6tn, as a result of higher selling prices and sales volumes of steel products. According to Lange Steel Information Research Center, at the ...
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The revenue of China’s communication equipment sector in the first half of 2018 rose by 10.9% ꦗy/y, boosted by increased sales of mobile communication station equipment, according to a report released by the Ministry of Industry and Information ...
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China’s automotive sector revenue in Q2 2018 experienced a slight drop of 0.8% y/y to👍 RMB 2,077.8bn, mainly due to lower prices. At the beginning of 2018, the Ministry of Finance cancelled pref🌊erential policies on vehicle purchase tax and this ...
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The Czech automotive sector’s GVA represents slightly over 5% of the country’s GDP. According to the Czech Automotive In🍰dustry Association (SAP), car manufacturers make up a quarter of the country's industrial output and 22% of its ...
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