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 with𝔉 Banking & Insurance are depositary and non-depositary credit intermediation and related activ🔴ities, 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.
The Russian banking sector’s penetration is among the lowest by global standards and below that of some regiona♛l peers. With the share of private non-financial sector loans to GDP standing at 51%, Russia ranks well below the world ...
极速赛车168开奖官网开奖:View more detailsRussia is home to the fifth largest car market in Europe and the ninth largest in the world. The automotive industry, however, takes less than half percent of♋ the ec🐻onomy and employs just 3% of the manufacturing sector’s workforce. ...
极速赛车168开奖官网开奖:View more detailsRussia’s pharma and healthcare sector holds significant growth potential, stemming from the country’s large and aging population. Russia is home to largest pharmaceutical market in Central and Eastern Europe 🍌and is a ...
极速赛车168开奖官网开奖:View more detailsRussia’s commoditised economic model predefines the pivotal role the mining sector plays in the country&rsquꦫo;s&nbs🦩p;development. The sector generates 12.6% of Russia’s nominal GDP and earns 62% of total exports, which makes ...
极速赛车168开奖官网开奖:View more detailsThe real estate and construction sector generates 15% of Russia&rs♔quo;s GDP and employs some 12% of the country’s workforce, making it a key economic sector. According to MarketLine estimates, Russia’s real estate ...
极速赛车168开奖官网开奖:View more detailsThe ICT sector in Russia generates slightly over 2% of the country’s GDP, with revenues from communications totalling RUB 1.9tn in 2019. Being one of the largest countriesꦚ geographically and with a population of ...
极速赛车168开奖官网开奖:View more detailsThe food and beverage sector in Russia takes a relatively sma𝓰ll share in the🌠 economy but is a significant contributor to foreign trade deficit. In 2019, the sector’s gross value added (GVA) accounted for 3.4% of the country’s ...
极速赛车168开奖官网开奖:View more detailsThe Russian transportation sector generates about 6% of the country’s GDP but its indirect contribution is much larger, as economic opportunities 🍌are increasingly related to the mobility of people and freight, including information ...
极速赛车168开奖官网开奖:View more detailsAgriculture is one of the most important sectors and the main source of hard currency for the Russian economy. The sector of agriculture, hunting, forestry and fis꧑hery accounted for 3.4% of the country’s total GVA in 2019, while ...
极速赛车168开奖官网开奖:View more details