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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, 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.
Both transport and energy infrastructure in Russia are of great economic and political importance for the country,&nbs💮p;which helps toꦍ explain the strong government involvement witnessed in the sector. State-owned companies operate as natural ...
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In line 🐠with global trends, Colombia has been seeking to make its economy greener by developing its renewable en🌸ergy resources. The country has made great strides in this direction, as more than two thirds of its electricity is from ...
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Mexico has one of the most 𒁏developed transport and energy infrastructure systems in Latin America. Tꦯhis is related to its key geographic location, bordering the US, the large size and trade openness of its economy, and the high level of ...
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Renewables are the second largest source of elect🦩ricity in the Phili🥂ppines. They contributed to a fifth of the country’s power generation in 2020, after coal, and ahead of natural gas and oil. The share of renewables is set to further ...
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