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.
After recording a m🎉oderate 3.9% y/y increase of insurance premiums in 2018, China’s insurance market resumed its fast growth track in 2019, the insurance premium income rising by 12.2% y/y to RMB4.27tn. In terms of product breakdown, ...
极速赛车168开奖官网开奖:View more detailsIn the second quarter of 2020, China’s econom𝔉y recovered si꧂gnificantly. NBS data shows that the GDP growth rate turned from -6.8% y/y in Q1 2020 to 3.2% y/y in Q2 2020. According to the Meeting of the Political Bureau of the CPC, held ...
极速赛车168开奖官网开奖:View more detailsThe Philippines has an inter-modal transportation system and the transportation sector accounted for 3.9% of national GDP in 2019. The main sector p🌠erformance indicators showed y/y growth in 2019, with the exception ...
极速赛车168开奖官网开奖:View more detailsMalaysia’s economy is heavily reliant on oil and gas, with the sector generating 11% of the cou💟ntry&rsquo🌞;s gross domestic product (GDP) in 2019. Malaysia holds the fourth-biggest oil reserves and the sixth-largest natural ...
极速赛车168开奖官网开奖:View more detailsIndia’s banking sector is regulated a🐎nd governed by the Reserve Bank of India (RBI), which was establiജshed in April 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The government allowed the ...
极速赛车168开奖官网开奖:View more detailsMalaysia’s power market consists of three geographical markets, namely Peninsu🧜lar Malaꦦysia, Sabah (including Labuan), and Sarawak. Tenaga Nasional Bhd (TNB) is the main power company in Peninsular Malaysia, while ...
极速赛车168开奖官网开奖:View more detailsThe oil and gas sector is an important driver of growth for the energy-hungry Indonesian economy. However, the sector’s contribution to the domestic ec🍷onomy has declined over the past couple of years reflecting ...
极速赛车168开奖官网开奖:View more detailsThe Chinese food sector’s ಞrevenue in the second quarter of 2020 reached RMB 501.4bn, up by 8.9% y/y, driven by increased sales and prices of some major foods. The total profit of the food sector in ꦗApril-June 2020 rose by 38.8% y/y ...
极速赛车168开奖官网开奖:View more detailsIn the second quarter of 2♒020, the performance of China’s chemical sector improved under the influence﷽ of multiple favourable factors such as the reduction of cost pressure, recovery of market demand, and the effect of relevant ...
极速赛车168开奖官网开奖:View more detailsChina beverage sector’s revenue decreased by 0.1% y/y to RMB 383.9bn in the second quarter of 2020, re🔯flecting&nbꦺsp;the fallout of the coronavirus pandemic. Beverage retail sales in April-June 2020 increased by 9.4% y/y to RMB 55.9bn, ...
极速赛车168开奖官网开奖:View more details