| | |
| D'WellResearch ..... BFSI Updates | |
| | |
| Highlights of April 2013 | |
|
| |
| India | |
|
Banking Sector in India... The banking industry has undergone numerous changes over the past few years to be at par with international banking norms and standards.
The general insurance industry is likely to see a drop in growth in the current financial year compared to the last fiscal due to a slowdown in economic activities, feel industry players.
World Bank scaled down India's growth forecast to 6.1% for the current fiscal from 7% projected six months ago.
General insurance industry grew by 19.34 per cent in the 11 months of 2012-13 fiscal.
Mobile banking seems to be gaining popularity among Indians with increasing number of people using this platform to buy tickets, pay bills, shop online, and transfer funds.
Resident Indians remitted almost $930 million abroad in the first 10 months of 2012-13, and two out of every five dollars that flowed out went towards maintenance of relatives and gifts, data from the Reserve Bank shows.
| |
| Indonesia | |
|
Indonesia's financial sector: Strategic review.
Indonesian Banking Survey 2013...Insights from Indonesian Bankers into the strategies, opportunities and challenges faced by the Indonesian banking industry.
Another good year for banks in Indonesia.
Indonesia is sitting on an unexploited customer base larger than the entire population of the UK. These people have never had a bank account, or been granted a loan.
World's Most Profitable Banks in Indonesia Double U.S. Returns.
| |
| Malaysia | |
|
Malaysia: Economic outlook for 2013.
The Life Insurance Association of Malaysia (LIAM) expects the life insurance industry to grow by eight to 10 per cent this year, driven by various innovative products.
| |
| China | |
|
Global Banks Are 'Divorcing' China.
China's banks posted robust profits in the first three months of 2013, even though the pace of growth continued to slow from the runaway growth they've recorded in recent years.
China's banking industry's assets up 17.9% in 2012.
China's banks now leading the world.
China's Insurance Industry Premium Income Reaches CNY 515 Bn in 13Q1.
| |
| Thailand | |
|
Thailand's booming banks are warily watching for signs of a credit bubble, even as they rake up record profits on robust loan growth on the back of a strong economy.
The insurance business still faces bright prospects for the second half of this year and premiums should surge 15 per cent to Bt200 billion, according to the Thai General Insurance Association.
ADB expects Thai economic growth of 4.9 in 2013.
| |
| Philippines | |
|
World Bank keeps Philippines' 2013 growth forecast at 6.2 pct.
The country's banking sector remained highly profitable in 2012, with the combined net income of small and big players growing by a double-digit pace as they ride on the gains of an expanding economy.
The World Bank has maintained its gross domestic product (GDP) growth forecasts for the Philippines at 6.2 percent and 6.4 percent for 2013 and 2014, respectively, as the country continues to show signs of sustained growth.
Insurance industry in the Philippines shows promising growth.
The country's insurance industry is now like a magnet, as a number of global-scaled insurers are making a beeline to get regulatory approvals.
| |
|
| |
|
| Vol-2, Issue-2 |
May2013
|
(c) - D'Well Research
|
|
| |
|
| |
No comments:
Post a Comment