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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 au▨thorities, stock exchanges, and collection and credit agencies.
During the first two months of the fourth quarter of 2017 the revenue of China&rsqu🅠o;s rubber products sector contracted by 25.7% y/y to RMB 133.5bn. The declining price of raw rubber impac🙈ted the prices of rubber products as a whole. In ...
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The real estate sector is a major factor for China’s economy growth, accounting for 6.5% of tꩲhe country’s GDP and 22.1% of the overall fixed asset investment as of 2017. The residential building subsector is the largest in the ...
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In the first two months of Q4 of 2017, the sales revenue of China’ওs pharmaceutical manufacturing sector went down by 17.8% y/y to RMB 445bn, as a result of th🐻e government’s tightening control over drug prices and distribution costs. ...
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The r🌺evenue of China’s paper sector dropped by 15.1% y/y to RMB 343.6bn in Q4 2017, following a decrease in the sales of paper and paper products. In Q4 2017, the output of machine-made paper and paperboard declined by 9.7% y/y to 29 ...
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Despite the country’s vast territory, favourable geographic position and wide range of poten▨tial tourist attractions, Russia’s tourism and leisure sector remains underdeveloped. The direct&nౠbsp;contribution of travel and tourism to ...
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The Russian metal processing sector is a major supplier for the global market. The country is the second-largest producer of aluminium, supplying 6% of global producಞtion in 2017, and the fifth-biggest crude steel producer, accounting for 4 ...
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Colombia’s food and beverage sector is a major contributor to the country’s economy. The domestic GDP growth is highly dependent on household consumption. According t▨o data from the Central Bank of Colombia, in 2017, 6☂2.9% of ...
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The food and beverage industry is Brazil’s largest manufacturing sector, accounting for about a quarter of its value added and for 3% of the country’s GDP ♍in 2017, according to A🧔BIA, the Brazilian Association of Food Industries. ...
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The tourism sector of Colombia has significant growth potential due to the natural and culꩲtural resources of the country. The recent demobilisation of the insurge♛nt group FARC also favours the development of the sector with the improved security ...
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During the first two months of the fourth quarter of 2017 the revenue of China’s rubber products sector contracted by 25.7% y/y to RMB 133.5bn. The declining price of raw🐻 rubber impacted the prices of rubber products as a whole. In ...
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