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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 depositaryꦆ and non-depositary credit intermediation and related activities, investment banking, securities brokerage, commodity contracts dealing and diverse finan𒉰cial 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.
The consumer electronics and household appliances sectors are defined by the Polish government as sectors of major importaಌnce for the economy, which best describes their current state of development. Many international producers, such as Bosch, ...
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Th🦋e agriculture, livestock and fishing sector plays a key role in Argentina’s economy, accounting for 6.4% of GDP, 29.9% of the total exports and 5.3% of the total regi🌼stered employment as of the end of 2016. During the year, the agricultural ...
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Russia is theꦕ ninth most populous country in the world and is among the largest cꦜonsumer markets on a global scale. It is a commodity dependent economy as trade contributes about 20% to the country’s GDP. In recent years the retail sector in ...
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Thailand’s economic growth has slowed down in recent years, with GDP growing by 3.2% y/y in 2016. Since 2010, Thai consumers have be𒅌come increasingly leveraged with the household debt-to-GDP ratio reaching 79.9% by 2016. The challenging ...
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Poland’s banking sector is w🥀ell capitalised and non-volatile, relying mostly on traditional pr♓oducts. Even though Poland remains significantly underbanked compared to the EU average, the country's banking sector plays a very important role for ...
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Metal processing is the second most impo🌟rtant sector for the Russian economy, after the oil and gas industry. It is a key supplier for the automotive, oil and gas, construction and machine-building sectors. It also generates more than 6% of the .🔴..
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According to Romania’s National Institute of Statistics (INS), the share of the “Information and Communications” (IC) services sector in the country’s GDP in 2015 was 5.1%, or around RON 36.3bn♔. This was up from 4.2% in 2010 ...
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The metal processing sector is a key supplier for the automotive sector and the construction sector, which have been among the fastest-growing sectors in Hungary in the last five years. The total output of the metal processing sector stood at HUF 🦄1 ...
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China is the world’s 💧second-largest retail market and a global leader in e-commerce. Despite﷽ the slowdown of China’s economy, the sector offers bright prospects, particularly due to the rising spending power of Chinese consumers. In 2016, ...
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China is the largest alcoholic beverages producer and consumer in the world, consuming one-third of the world’s spirits and a quarter🌟 of the world’s beer. Its beer production ranked first in the world for 14 consecutive years and the ...
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