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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 2019-2023 featured the 2020 crisis by the COVID19 pandemic and the shock of the 2022 Russian invasion of Ukraine. These two events had an impact on the European electricity sector, as the rise in inflation and the dependence on Russian energy ...
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The construction sector continues to play a pivotal role in Central and Eastern Europe's (CEE) economic landscape, contributing between 5% and 7% of domestic GDP across most countries in the region. As illustrated by the latest Gross Fixed Capital ...
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The mining industry plays a varying role in the economies of Central and Eastern European (CEE) countries, with its significance fluctuating due to structural shifts, global commodity price cycles, and energy transition policies. Based on the Real ...
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The Central and Eastern Europe (CEE) food and drink sector is a cornerstone of the region's manufacturing industry. According to the EU Food and Drink Industry report for 2023, in Poland the industry generated a turnover of EUR 69.7bn, contributing ...
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The EU-27 is home to around 10 million farms and some 17 million people working regularly in the agriculture sector. The industry accounts for a small percentage of the Member States' national GDPs, but is subject to the 27-nation bloc's only, oldest ...
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The countries in Central and Eastern Europe (CEE)* continues to prioritise infrastructure development as a cornerstone for economic growth and regional integration. Infrastructure quality and availability in the region are steadily improving, ...
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Turkiye's infrastructure sector has witnessed remarkable growth over the past decade, driven by sustained government focus and substantial budget allocations aimed at modernising the country's transport and energy networks. Notable achievements ...
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The Central Europe region, as covered by the scope of this report, consists of Poland, Romania, the Czech Republic, Hungary, Slovakia and Croatia. All of these countries are strategically important to transportation in the region, to a varying extent ...
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The infrastructure sector remains a key pillar of Poland's economy, with the government prioritising it as essential for the country's economic development, improving living standards and ensuring long-term sustainability. Infrastructure investments ...
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