Finance and Insurance

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 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…

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…

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…

This briefing examines how the finance and insurance industry is performing globally, and in the largest countries in terms of finance and insurance output. The report also provides data for production, market size, imports, exports, industry costs,…

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…

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…