Secure shopping
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.
India has the second-largest ICT sector in the world in terms of number of subscribers, overcome only by China. However, India presents low penetration rates at global level. On the bright side, there is potential for further growth in the industry. ...
View more details
In 2021, Colombia’s financial sector recovered from the shock of the COVID-19 pandemic. During 2020, financial entities had to increase their provisioning expenses, which affected their profitability, and there was a decline in their loan ...
View more details
In the context of Latin America, Chile is not a particularly large pharmaceutical and healthcare market as its population is relatively small and healthy in terms of incidence of communicable diseases. However, the country’s changing ...
View more details
The region of Latin America and the Caribbean has always been a prominent player in the global oil and natural gas industry, accounting for 19% of the world’s crude oil reserves and for 4.3% of natural gas reserves as of end2020. Its relative ...
View more details
Steel sector is both the backbone of Indian economy as well as a growth promising sector. The growth of the sector is well supported by the availability of raw material such as iron ore and cost effective labour in the country. The government has ...
View more details
The COVID-19 pandemic underlined the inefficiencies of the Brazilian pharmaceutical and healthcare sector. In drug manufacturing, many pharmaceutical companies took a hit in profitability. They struggled to meet demand as global supply chains were ...
View more details
Thailand’s pharmaceuticals and healthcare sector has developed considerably over the past few decades. The Thai government initiated its plan to deliver universal healthcare to all Thais in 2002, which has proven so successful that more than 99 ...
View more details
Latin America plays a minor role in the global metal processing sector, mainly due to the relatively low penetration of heavy industries in the region and the sluggish economic performance of the region’s economies ever since the end of the ...
View more details
In FY2019, the Indian automotive industry registered new record high volumes in output and domestic sales. However, the economic deceleration in FY2020 ended the growing trend of the industry which was partially compensated by a new record high in ...
View more details
Following the record 2019, the year 2020 saw a significant reduction in investment volumes. However, with transactions worth EUR 5.3bn, Poland still accounted for approximately 50% of the CEE-6 region’s total. The sector’s GVA ...
View more details