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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 assoc😼iated 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 f𓄧unds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
Brazil’s real estate sector was on a recovery path until early 2020, when the COVID-19 outbreak paralysed economic activity in the country. In 201ಞ9, the sector was one of the driving forces of the Brazilian economy ...
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The revenue of China’s mobile communications equipment sector rose by 5% y/y in the first half of 2020, according🍷 to MIIT. The total profit during this period surged by 41.3% y/y, as the sector gradually recovered from the impact of ...
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In Q2 2020, the operating e🍸nvironment for the Chinese banking sector remained tough. According to the sta🦄tistics published by China Banking and Insurance Regulatory Commission (CBIRC), the net profit of commercial banks from January to June ...
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Thailand’s population has gen🦹erally enjoyed the fruits of increased wealth over the past few decades. The in🏅cidence of poverty has considerably diminished from more than 60% in 1988 to less than 10% by 2018. According to the Boston ...
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The chemicals industry is a major contributor to the Malaysian economy, with petrochemicals and oleochemicals as its principal products. Availability ♕of feedstock and resources, supportive government p🌠olicies for investors, and a conducive ...
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Domestic manufacturers dominated India’s consumer electronics before India’s economic liberalisation, which b✅egan in 1991. Today, Indian consumers prefer int𝄹ernational brands and most domestic producers have been relegated ...
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China is the largest agricultural economy globally, consuming and producing more than half of the world's pork, as wel🍰l as supplying one third of the horticultural products, rice and cotton, and close to 20% of the wheat, maize and poultry ...
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The real estate and construction sector in Indonesia has a priority in the governme𝓡nt’s policy agenda. Because of this, the sector’s importance in the economic growth and job creation has increased in recent years. In 2019, ...
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Following a challenging first quarter with a GDP decline of 6.8% y/y, the Chinese economy rebounded in Q2 2020, recording a 3.2% y/y🀅 growth. The upturn was largely attributed to effective measures on pandemic prevention and control, as well ...
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China’s🅷 aviation sector is of key importance toꦚ the national economy, reflecting its increasing level of modernisation and robust growth. China’s vast territory and its geographical location assign the aviation sector ...
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