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.
In 2022, Brazil was among the top 10 largest telecom markets globally by number of subscribers, according to the International Telecommunication Union (ITU). The country ranked fourth by number of fixed broadband users, seventh for mobile telephony ...
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In 2023, Brazil's construction industry navigated through a challenging period, facing hurdles that led to a contraction of its gross value added (GVA) despite initial projections that it would grow. Factors such as high interest rates and delays to ...
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Latin America completed its third consecutive year of recovery in terms of crude oil production during 2023. The region had been on a long decaying trend since the end of the commodities boom cycle in 2014, which, aggravated by the COVID-19 pandemic, ...
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Often labelled as the breadbasket of the world, Latin America is a leading player in the global agribusiness industry. From cereals to poultry meat, from fishing to fruit, Latin America hosts important producers in the entire agriculture value chain. ...
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The Brazilian fintech sector features a variety of players and services. Despite the large number of companies operating through online platforms and providing innovative financial services in Brazil, only 226 of these firms were being monitored by ...
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Brazil's infrastructure sector has a diverse landscape. While some transport infrastructure sub-sectors, such as road infrastructure, are still dominated by the federal and state governments, others such as the railways have a large participation ...
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Brazil is one of the most important players in the global biofuels industry, in terms of consumption, production and competitive advantages. Leveraging the country's massive agricultural production, which includes two leading inputs for biofuels ...
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In 2023, Brazil's chemical industry faced significant challenges. Despite this, there were signs of resilience and opportunities for growth. In October 2023, due to factors including increased imports, local factories operated at an average idle ...
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