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.
According to the Monthly Survey of Trade (PMC) by Brazil's Statistics Office (IBGE), in the second quarter of 2024, the Brazilian retail sector experienced a mixed performance, with some positive trends being offset by challenges in certain areas. ...
View more details
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 ...
View more details
Fintech companies have become catalysts for transformation, bringing solutions that aim to make financial services accessible, especially to underbanked and unbanked populations such as that of Brazil. The expansion of digital financial services has ...
View more details
By Q3 2024, the telecommunication sector of Brazil reached BRL 46bn in revenues, with 347.4mn of clients across the four main segments: mobile telephony, fixed broadband, fixed telephony, and pay TV. The increasing demand for internet-based services ...
View more details
Brazil's transportation sector is a fundamental pillar of the economy, supporting the country's position as a global leader in agricultural and mineral exports. In 2023, the transportation and logistics sector contributed 3.1% to Brazil's GDP, while ...
View more details
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 ...
View more details
Brazil's pharmaceutical and healthcare sector is navigating the post-pandemic period with some positives but also quite a few challenges. Among the positives is a sharp rise in public health spending observed in 2021-2023 compared to the pre-pandemic ...
View more details
With its vast agricultural output, sizable domestic market, strong manufacturing sector, and supportive government policies, Brazil has become a world-leading producer of industrialized food and beverage products. According to the Brazilian ...
View more details
The growing demand for high value-added internet-based services in Brazil continues to shape the development of the domestic telecom industry. Domestic consumers actively demand access to enhanced mobile and fixed broadband services to intensify ...
View more details