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 ar🐼e 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.
According to figures from Colombia’s statistics office, DANE, the country’s ICT sector was responsiblꦐe for 2.9% of&🐼nbsp;Colombia’s GDP, amounting to COP 28.98tn in 2020, as well as 2.2% of its imports and 1.2% of its exports in ...
极速赛车168开奖官网开奖:View more detailsIn 2021,🐷 Colombia’s financial sector recovered from the shock of the COVID-19 pandemic. During 2020, financial entities had to increase their p🐎rovisioning expenses, which affected their profitability, and there was a decline in their loan ...
极速赛车168开奖官网开奖:View more detailsThe 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 oౠil reserves and for 4.3% of natural gas reserves as of e🐓nd2020. Its relative ...
极速赛车168开奖官网开奖:View more detailsLatin America plays a minor role in the global metal proce🅠ssing 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 ...
极速赛车168开奖官网开奖:View more detailsThe COVID-19 pandemic generated a sizeable drop in tourism revenue in Colombia. The different restrictions on travelling imposed aro🐬und the world and domestically were reflecꦦted in a drop in the sector’s share in the overall ...
极速赛车168开奖官网开奖:View more detailsIn 2020, Colombia’s agriculture, livestock, forestry, hunting and fisheries sector increased its share in overall GDP to 7.6%, from 6.4% in 2019. Between 2015 and 2020, the sector’s GVA rose at a CAG🅰R of 3.2% in re🐲al terms. ...
极速赛车168开奖官网开奖:View more detailsThe Colomไbian oil and gas sector is a traditionally export-oriented industry of great importance for the country’s foreign tr꧋ade and economic activity. In 2020, the sector accounted for 4.3% of the country’s GDP and 28.1% of ...
极速赛车168开奖官网开奖:View more details