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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.
Emerging Europe’s role in the global oil and gas sector stems mainly from the region’s heavyweight, Russia. The other countries in the region – Romania, Poland and Turkey – do not have significant oil and gas resources. 2020 ...
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The COVID-19-induced recession meant it was vital for governments around the world to work hard to counteract the wide-ranging effects of the pandemic. While private investments may have suffered from the uncertainty of the pandemic, ...
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Much like the rest of the world, the countries from Emerging Europe* are increasingly turning towards renewable energy (RE) to diversify their energy mix, reduce greenhouse emissions, and thus achieve a sustainable economic growth model. ...
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The Emerging Europe region, as covered by the scope of this report, consists of Russia, Turkey, Emerging Europe, Romania, Czechia and Hungary. All of these countries are strategically important to transportation in the region, though ...
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The COVID-19 pandemic and the related containment measures – including full-scale lockdowns and other restrictions throughout 2020 – had an unprecedented impact on both car supply and demand across the global automotive market. ...
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The Emerging Europe region covered by the scope of this report comprises Russia, Romania, Turkey and Poland. In terms of their importance on the natural gas and oil markets, this group should be separated into Russia and ...
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Healthcare expenditure in Romania has been increasing steadily in recent years (up by 15.6% y/y in 2017), but remains the lowest in the EU28, both in per capita purchasing power and as a share of GDP (5.2% in 2017). An Ageing population and ...
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