Finance and Insurance

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Monetary intermediation industry in China witnessed slightly slower growth rate in 2018. The industry’s growth was driven by the provision of credit in real economy sectors and consequently rising income from interest rates. During 2018, China’s ...

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The reviewed industry stagnated in 2018, as domestic demand for financial services declined further due to an economic slowdown in Japan and demographic pressures. The country’s central bank maintained its negative interest rate at 0.1% throughout ...

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The industry continued to expand in 2018, underpinned by higher non-oil sector growth, stimulating the country’s demand for financial services. Non-oil GDP increased significantly due to the government’s efforts to diversify the economy away from oil...

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The industry expanded more slowly than the rate of inflation in 2018, as Turkey entered an economic downturn. During the year, the Turkish lira’s value depreciated sharply, causing a rapid rise in inflation and greatly impacting the local economy and...

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The industry continued to expand in 2018, despite the slowdown in the South Korean economy. This was in large part caused by the higher cost of financing, brought about by higher commercial and central bank interest rates. In late 2017, the country’s...

The finance and insurance industry witnessed slower growth in 2018, mainly due to high household debt and an underperforming home lending segment. A slowdown in the real estate market was in part caused by tightened mortgage lending regulations, ...

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