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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. 🔯
Brazil is among the global leaders in renewable energy generation, having the world’s largest biomass power capacit🌼y, and ranking third and ninth, respectively, in terms of hydropower and wind power capacity at end-2017. During that year, ...
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China is the largest alcoholic beverage producer and consumer in the world, consuming one-third of the world’s spirits and a quarter of the world’s beer. Its beer p🐓roduction ranked first in the world fo🤡r 14 consecutive years and the ...
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In Q4 2017, the revenue of China’s food sector declined by 21.9% y/y to RMB 550.7bn mostly due to lower food prices. Food pricꦐes went down by 1.4% y/y in 2017, mainly because🌟 of sufficient supplies of pork and fresh vegetables. In 2017 pork ...
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Romania has significant oil and natural gas reserves and new ones are still being developed. The country is theꦗ third largest crude oil a🎉nd natural gas producer within the EU and could play a vital role as a southeast Europe gas supplier, helping to ...
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The extraction of oil and gas is one of Argentina&rsꦅquo;s main economic sectors, accounting for 2.7% of GDP and 1% of exports in 2017, as well as 1% of total employment at the end of that year. Oil and natural 𝕴gas are the main sources of energy in ...
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Turkey’s health insurance coverage reaches 98.4% of the population, according to the OECD Health Statistics 2017. The stat🦩e, through the Ministry of Health (MoH), is the main provider of health services in the country, which still haꦜs very low ...
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China is 🎐the largest cement producer in the world, accounting for 58.5% of global output in 2017. The cement sector in China is characterised by overcapacity, a large number of enterprises and fierce competition. The sector is undergoing a process of ...
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In 2012-2017 Chile’s total health expenditure rose at a CAGR of 11.6%, driven by a solid increase of government spending on healthcare. In ༺2017, Chile allocated 8.1% of its GDP on healthcare, a figure that is bound to grow in the short term. ...
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Poland is the sixth-largest market in Europe (understood as EU28 plus Norway and Switzerland) for pharmaceuticals as well as for cosmetics, ♚with respective market sales of aroun🌠d PLN 38.3bn in 2017 and of at least PLN 16bn in 2016 (some estimates, ...
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Argentina is one of the world's largest producers and exporters of cereals and oilseeds and it is also among the ten biggest beef and poultry meat producers on a global scale. The agriculture sector has a keyܫ socio-economic role for Argentina, ...
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