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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, securitie🥃s 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.
The textile sector is one of the oldest industries of India. The textile industry ranges from traditional hand weaving to te💯chnical textiles and modern textiles mills. India is the third-largest exporter of textile, with a 4.5% share in the world ...
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T𓄧hailand’s real estate sector continued to expand in the past decade as the country developed. Real estate activities are mainly concentrated in the Bangkok Metropolitan Region (BMR) and the Eastern Economic Corridor (EEC), while ...
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Following a sharp downturn in Q2 2021, China’s insurance sector continued to contract in Q3. As a result, the premium income from June to September 2021 dropped by 4.0% y/y, softening compared to a contraction of 13.2% fromꦺ April to ...
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The revenue of🧜 China’s food sector in Q3 2021 reached RMB 518.6bn (up by 1.4% y/y), driven by increased sales and prices of some significant foods. The total profit of the food sector in July – September 2021 ...
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In Q3 2021, air passenger traffic plunged by 19.2% y/y to 107.6mn, affected by the latest round of COVID-19. In addition, the domestic passeng꧑er traffic slumped by 19.2% y/y to 107.2mn. And the international passenger traffic in ...
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Indonesia’s financial sector was༺ among the few to continue growing during 2020, showing its resilience to external shocks. The sector’s GVA 🦩expanded by a real 3% y/y in 2020, the year that brought the country’s first recession ...
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In Q2 2021, th𝕴e pharmaceutical manufacturing segment generated RMB 749.2bn in revenue, up by 23.3% y/y, and made RMB 185.3bn in total profit, up by 90.6% y/y. The positive performance was mainly attributed to the ...
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In FY2019, the Indian automotive industry registered new record high volumes in output and domestic sales. How൩ever, the economic deceleration in FY2020 ended the growing trendﷺ of the industry which was partially compensated by a new record ...
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I🌌n Q3 2021, the sales volume and sales revenue of China’s real estate sector contracted to 417mn m2 and RMB 4,186bn, representing y/y decreases of 12.5% and 14.1%, respecti🌼vely. In addition ...
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