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-d💞epositary 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 andཧ welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
According to figures from Colombia’s statisti♛cs office, DANE, the country’s ICT sector was responsꦕible for 2.9% of 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 provisioning expenses, which affected𒆙 their profitability, and there was a decline in their loan ...
极速赛车168开奖官网开奖:View more detailsIn the context of Latin America, Chile is not 💦a particularly large pharmaceut𒉰ical and healthcare market as its population is relatively small and healthy in terms of incidence of communicable diseases. However, the country’s changing ...
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 19ꦑ% of the world’s crude oil reserves and for 4.3% of natural gasﷺ reserves as of end2020. Its relative ...
极速赛车168开奖官网开奖:View more detailsThe COVID-1ཧ9 pandemic underlined the inefficiencies of the Brazilian pharmaceutical and healthcare sector. In drug manufacturing, many pharmaceutical༒ companies took a hit in profitability. They struggled to meet demand as global supply chains were ...
极速赛车168开奖官网开奖:View more detailsLatin America plays a minor role in the global metal processing sector, mainly due to the rꦏelatively 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 around 🐟the world and domestically were reflecte🌠d 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, Chile sustained 🌠its position as the world’s leading copper mine producer, with a 27.8% share in global output; the second biggest molybdenum miner, with a 20.6% share; and the fourth largest producer of silver, with a 6.4% share. The ...
极速赛车168开奖官网开奖:View more detailsIn 2020, ܫColombia’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 CAGR of 3.2% in real terms. ...
极速赛车168开奖官网开奖:View more details