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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 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.
Thailand is the largest produce꧅r of four-wheel vehicles in the ASEAN region and the 11th largest vehicle producer in the world. Additionally, the Thai four-wheel vehicle market is the second🤪-largest in ASEAN and the 17th-largest market in ...
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In the second 🐭quarter of 2021, the sales revenue of China’s retail sector reached&nb🤪sp;RMB 10,668bn, representing a y/y increase of 13.9%. Compared to the second quarter of 2019, before the coronavirus crisis, this indicator ...
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The steel sector is both the backbone of the Indian economy and a growth-promising sector. The growth of the ❀;sector is supported by the availability of raw material such as iron ore and cost-effective labour in the country. .♊..
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The Mexican agriculture sector, including crop, livestock and fisheries, plays a key role in the domestic economy. Agricultuಌre GVA accounted for 3.8% of GDP in 2020, and the sector is among the largest employers in the country ...
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India’s pharmaceuticals and healthcare sector has been dominated by a second wave of COVID-19 infections beginning in 🍨April 2021 driven by🍃 the Delta variant. The surge caught the Indian government and the pharmaceuticals and ...
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The real estate sector which comprises residential, commercial, agriculture, development land and others, and the industrial segment was impacted by the CO🀅VID-19 pandemic in varying degrees of intensity. The problems faced by the sector ...
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