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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 i🎉nsurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
The year 2020 saw countries going int🧸o lockdown as a result of COVID-19.♏ The telecom sector became an anchor for economic activities to continue as learners, workers and all non-essential operations needed to be conducted from home. ...
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The metal p🐟rocessing sector in Brazil is largely dominated by steel and primarꦗy aluminium production, which constitute the two leading export products. In 2020, the country was the ninth largest producer, the seventh largest net ...
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With 12 GW of total installations, renewables-based power capacity contributes 26% of the total power capacity&nbs🥀p;and generates 12% of Thailand’s electricity, according to data for 2020. The country ranks as the second largest ASEAN ...
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India ranked as the fourth largest renewable energy (RE) 🌄market in the world by installed capacity in 2020, according to data provided by the International Renewable En♚ergy Agency (IRENA). Hydropower is the largest RE source taking 37% of ...
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