Finance and Insurance

Industry turnover contracted significantly over 2020, as a result of the COVID-19 pandemic, a sharp economic slowdown and substantial volatility in global financial markets. Demand for consumer credit plummeted amid large-scale job losses and salary ...

The industry contracted over 2020, as a result of the COVID-19 pandemic, the oil price shock and rouble depreciation, which resulted in sharp volatility in the Russian financial markets. The introduction of restrictive measures in response to the ...

The industry recorded only sluggish growth over 2020, due to the COVID-19 pandemic and volatility in financial markets. The coronavirus pandemic had mixed effects on credit growth. Credit to non-financial corporations increased, as businesses sought ...

The industry shrank over 2020 as a result of the COVID-19 pandemic, the oil price shock and heightened uncertainty, causing turmoil in global financial markets. The Canadian government imposed a number of measures to contain the pandemic, including ...

In 2019, the industry continued to shrink, due to Brexit-related uncertainties, which stifled consumer and business confidence and weighed on both private consumption and investment growth. As a result, lenders witnessed a decrease in demand from ...

The monetary intermediation industry in China witnessed robust growth in 2019. The People’s Bank of China (PBOC) cut borrowing costs to support business activity amid slowing global economic growth and the protracted US-China trade war. Banks ...

In 2019, finance and insurance witnessed slower growth in comparison with the previous year, as US economic growth showed signs of moderating. Business investment started to decline in the second half of 2019, due to a number of factors, including ...

The finance and insurance services industry witnessed robust growth in 2019, driven by relatively strong credit growth, despite weaker economic development. Growth in bank lending to non-financial corporations and in mortgage lending picked up due to...

The finance and insurance industry in Italy posted only moderate growth over 2019, due to political instability in the country and declining domestic demand. Lending to households witnessed a steady rate of expansion over the year; however, demand ...

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The finance and insurance industry posted moderate growth in 2019. The European Central Bank (ECB) Asset Purchase Programme helped to improve banks’ liquidity and increase capital ratios over the year. Spain's Bank Nonperforming Loan (NPL) ratio ...

The finance and insurance industry continued to expand steadily over 2019, mainly driven by dynamic credit growth. According to the French Banking Federation (FBF), France remained among the leading countries in the Eurozone in terms of growth in ...

The Coronavirus (COVID-19) outbreak significantly disrupted manufacturing and service sectors as well as the global transportation system. This briefing examines how manufacturing, services and transportation industries are impacted by the ...

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