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.
Turkiye boasts the highest renewable energy capacity in Emerging Europe, with an installed capacity of 62.9 GW as of May 2024. Renewables make up 57% of the nation's total power capacity and contribute over 40% to the overall energy generation mix. ...
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Turkey's infrastructure sector has undergone robust growth over the past decade, the result of sustained government emphasis and substantial allocations from the national budget towards developing the transport and energy networks. The country is ...
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The USD 18bn of foreign direct investments (FDIs) that Turkey has attracted into its automotive sector since 2000 have significantly bolstered the nation's manufacturing prowess, positioning Turkey as a crucial link in the international Original ...
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Poland's food and beverage products had a sold production value of PLN 401.3bn in 2022, representing 14.2% of Polish GDP. The industrial production index (IPI) for food products expanded by 9.4% y/y in 2022 and the IPI for beverage products grew by ...
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Poland is a significant producer of wheat, sugar beet, apples, potatoes, poultry meat and beef within the European Union (EU). The country achieved a new record high in terms of poultry meat production (of 2.7mn tonnes) in 2022, following a rise of 7 ...
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The Central Europe region, as covered by the scope of this report, consists of Turkey, Poland, Romania, Czech Republic and Hungary. All of these countries are strategically important to transportation in the region, to a varying extent, depending on ...
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The EU's energy sector witnessed one of its most challenging years in 2022, which eventually led to unprecedented transformations in oil and gas supply and consumption. Russia's invasion of Ukraine in February 2022 had a profound effect on global ...
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Turkey has the largest renewable energy-based power capacity in Emerging Europe. With an installed capacity of 56 GW, renewables contribute 54% of the country's total capacity and account for 42% of the overall generation mix. Hydropower is the ...
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The renewable energy (RE) sector in Emerging Europe* has seen stellar growth over the past few years on the back of supportive government policies as countries across the region seek to diversify their energy mix and most recently reduce their ...
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Turkey's banking sector experienced solid growth in 2022, driven by strong demand for credit and an ultra-loose monetary policy, set against a backdrop of rampant inflation in the country. Leading Turkish banks have delivered stellar earnings growth ...
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