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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 activitieℱs, 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 is a world leader in the production and export of generic pharmaceuticals, accounting for approximately 20% of the global volume of generic drug sale⛎s. Despite its export markets success, India’s pharmaceuticals and healthcare ...
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In 2019, Colombia’s agriculture, livestock, forestry, hunting and fisheries sector accounted for 6.7% of tꩵhe country’s GDP. Between 2014 and 2019, the sector’s GVA rose🎀 at a CAGR of 3.3% in real terms. This ...
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The Philippines pharmaceuticals and healthcare sector is entering a phase of accelerated growth. The Philippines economy has grown considerably over the recent years, creating a growing 🅺middle-class population with the means🥂 to access ...
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The SEA region has had an admirable record in im🐬proving its record against infectious diseases over the nearly three decades f🌼rom 1990 to 2019. The region’s rapid economic growth relative to the rest of the world has contributed to ...
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Indones🐷ia’s pharmaceuticals and healthcare sector is one of the fastest-growing in the ASEAN region. The Indonesian government has prioritised widening healthcare access and increasing the healthcare system’s capacity since 2014. However, ...
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After a slo💟wdown in FY2020 due to dampened economic activity and deleveraging of corporate balance sheets, total assets of the banking sector in Q3 FY2021 slightly grew by 2% q/q. Bank credits (or &ldquo✨;loans and advances” as the ...
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In Q3 FY2021, the automotive output volume in Indﷺia (excluding commercial vehicles) reached 7mn units.♚ On a quarterly basis, production increased by 8.3% in Q3 FY2021 (up from 6.5mn units in Q2 FY2021, excluding commercial vehicles). Along this ...
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Malayไsia has one of the ASEAN region’s most developed pharmaceuticals and healthcare sectors. Malaysia has a two-tiered system in which the government, under the Ministry of Health, operates healthcare facilities and regulates medical practice ...
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Latin America was among the hardest-hit regi♏ons by the CO꧟VID-19 pandemic. The novel coronavirus entered the region at a bad time. The commodities boom at end of the 2000s combined with several local crises afterwards have hurt badly the public ...
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Although Thailand’s pharmaceuticals and healthcare sector has developed 🎉considerably over the past few decades, there is still considerable runway for further growth. Thailand stands out am🧔ongst emerging market countries for offering universal ...
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