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.
Brazil is the largest pharmaceutical market in Latin America, with retail drug sales of USD 27.1bn for the 12 months ending in June 2022. Brazil's pharmaceutical and healthcare sectors are transitioning into the post-pandemic period with some ...
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Brazil's transport infrastructure sector has seen an influx of private players following several waves of privatisation that began in the late 1990s, and looks set to continue with various actions promoted by the federal government to attract private ...
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In 2023 and 2024 economic activity in Latin America moderated after the post-pandemic rebound in 2022, and according to the United Nations Economic Commission for Latin America (ECLAC) the region's GDP is expected to grow by 2.1% in real terms in ...
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The fintech sector in Latin America is showing signs of stabilisation and progress toward long-term solidity and resilience. Fintech startups cater to the unbanked population, and the region has seen dynamic regulatory developments, with more ...
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Latin America is a key region for the global mineral markets, thanks to its abundance of natural resources and relatively low domestic consumption. From Chile's and Peru's copper to Brazil's iron ore and niobium, and from Mexico's precious metals ...
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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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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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Latin America is home to some of the world's leading producers of base metals, mainly thanks to its vast reserves of metallic minerals, including iron ore, copper, zinc, lithium and others. According to data from the United States Geological Survey ...
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