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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 insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
The automotive sector in Central and Eastern Europe (CEE) remained resilient through 2023 and early 2024, overcoming new global and regional challenges. By mid-2024, it had not only regained pre-pandemic production and sales levels but also entered a ...
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Having weathered the initial impact of the COVID-19 pandemic, the automotive industry in Emerging Europe* encountered a fresh wave of obstacles in 2022. Global semiconductor shortages, rising raw material prices, and the energy crisis stemming from ...
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