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.
The Mexican agriculture sector, including crop, livestock and fisheries, plays a key role in the domestic economy. Agriculture GVA accounted for 3.8% of GDP in 2020, and the sector is among the largest employers in the country ...
View more detailsCivil engineering construction and assembly production by construction entities in Poland was worth PLN 57.6bn in 2019, recording an increase of 6.3% that year, while the construction and assembly production of specialised construction ...
View more detailsThe COVID-19-induced recession meant it was vital for governments around the world to work hard to counteract the wide-ranging effects of the pandemic. While private investments may have suffered from the uncertainty of the pandemic, ...
View more detailsIndia’s pharmaceuticals and healthcare sector has been dominated by a second wave of COVID-19 infections beginning in April 2021 driven by the Delta variant. The surge caught the Indian government and the pharmaceuticals and ...
View more detailsIn 2020, Argentina was the fourth largest renewable energy generator in Latin America after Brazil, Mexico and Chile, with a share of 4.8%. Renewable energy generation grew at a CAGR of 38.5% during the 2015-2020 period. The fastest growing ...
View more detailsThe real estate sector which comprises residential, commercial, agriculture, development land and others, and the industrial segment was impacted by the COVID-19 pandemic in varying degrees of intensity. The problems faced by the sector ...
View more detailsLatin America* is betting big on renewable energy. Between 2015 and 2020, the region’s renewable energy (RE) capacity expanded by a cumulative 33% (65 GW) to reach 261 GW in the final year of that period, according to data provided by ...
View more detailsMuch like the rest of the world, the countries from Emerging Europe* are increasingly turning towards renewable energy (RE) to diversify their energy mix, reduce greenhouse emissions, and thus achieve a sustainable economic growth model. ...
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