Finance and Insurance

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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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Mexican financial and insurance companies continued to perform well in 2018, thanks to increasing economic activity in the country, which stimulated demand for business and consumer lending. During the year, Mexican economy was positively influenced ...

The Indonesian economy continued to expand robustly in 2018, fuelling demand for financial services. The strong growth of capital investments during the year were in large part spurred by rapid increases in ease of doing business, and rising ...

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