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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 Ban▨king & 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.
Indonesia is home to a well-capitalised but fragmented banking sector with obvious market leaders. A total of 116 commercial and more than 1,800 rural 💎banks operated in the country in 2016. Indonesia’s four state banks accounted for some 55% of ...
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With a population of some 258.7 million, Indonesia is the wor🌺ld’s fourth most populous country and the largest economy among the members of the Association of Southeast Asian Nations (ASEAN). The Indonesian transportation sector employed some 5 ...
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Indonesia’s construction and real estate markets are among the biggest in Asia and enjoy high growth potential for the foreseeable fuܫture. Growth drivers include the country&rsquo♛;s vast and urbanising population in need of housing, as well as ...
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Indonesia's healthcare and pharmaceuticals industry is one of the least developed in ASEAN and Indonesia has low scores on most metrics – inc🎉luding number of hos🌳pitals and beds per 10,000 population and healthcare expenditure per capita. These ...
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In 2015 Indonesia was the 24th-largest oil producer and the 10th-largest natural gas pr🌌oducer in the world. Indonesia had about 3.7bn barrels (bbl) of proven oil reserves and 103.4tn cubic feet (tcf) of proven natural gas reserves in 2015. These ...
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Ret🍸ail is a dynamic sector with excellent prospects in Indonesia. The country boasts the world’s fourth-largest population, at 256 million in 2015, and is also the largest market in South-East Asia. Global consultancy A.T. Kearney ranked ...
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Indonesia is the second-largest motor vehicle manufacturer, behind Thailand, and the largest automotive market in the ASEAN region. Due to a robust growth in recent yꩵears, the country is forecast to overcome Tha𓂃iland in motor vehicle production by ...
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The Indonesian coal sector contributed 1.7% to the country’s GDP in 2015. Indonesia is the largest exporter of thermal coal and🔯 the fifth-largest coal producer in the world. Coal production decreased by almost 15% y/y in 201🉐5 as a result of ...
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With a population of some 257 million, Indones🍬ia is the world’s fourth-most populous country and the largest economy in the ASEAN region🔯. The food and beverage sector employs over 4.5 million and is the largest in the manufacturing industry. ...
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