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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 exc𓂃hanges, and collection and credit agencies.
In the third 🃏quarter of 2017, the growth of China’s textile sector slowed down, largely impacted by the government’s stricter environmental protection measures. In recent months as much as 40% of all Chinese factories have been shut down ...
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In Q3 2017 China continued to implement healthcare reforms which resulted in further development and꧃ growth of the sector. According to a health management summit held in Beijing in late 2017, the country’s healthcare market will reach RMB 4 ...
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Mexico is the second-largest economy in Latin America in terms of nominal GDP, and thereby a key consumer marke♎t in the region, with a population of over 122.8mn people, as oღf December 2016. Over the period 2011-2016, the trade sector performed well, ...
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Construction is a key sector in the Czech Republic’s economy. In 2016, it generated a gross value added (GVA) of CZK 234bn – 5.5% of the economy’s total🐼 GVA. Real estate activiꦯties generated a GVA of CZK 361bn in 2016 or about 8.4% ...
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In line with the begin✱ning of the economic recovery in 2017, motor vehicle output and sales in Brazil rebounded after a prolonged period of contraction. Since 2014, the automotive sector in the country has experienced one of the deepest crises in its ...
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In the first two months of the second quarter 🌱of 2017 the revenue of China’s rubber products sector increased by 7.5% y/y to RMB 186.9bn. The prices of rubber products remained high, supported by the strong demand for PCR and heavy truck tyres ...
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In the third quarter of 2017, all subsectors of China&rsqꦇuo;s pharmaceutical manufacturing sector, except the ready-prepared traditional Chinese medicines (TCMs), marked y/y growth in their revenues. The sizeable decline of 26.9% y/y in the TCM ...
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Thailand is the largest producer of vehicles in the ASEAN regi💧on and the 12th largest in🌞 the world. With a strong presence of Japanese manufacturers, Thailand is a key player in the global manufacturing network for Japanese vehicles. In the last ...
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China’s transportation sector is almost entirely run by state-owned corporations, as its development is viewed as a major driver for the country’s economic growth. In the railways subsector, there was extensiv🐻e construction of new ...
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Romania is rich in mineral resources, including fossil fuels, gold, silver, non-ferrous metals and salt. The country has the largest oil and natural gas reserves in Central and Eastern Europe (CEE), howܫever, production levels are not high enough for ...
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