With a surface area of 1.29m sq km and 2414 km of coastline, Peru is the third-largest country in South America. It has a population of 28.2m, 30.2% of which is under the age of 14. While there is no official religion, the majority of Peruvians are Christian, and the Catholic Church plays an important role in the country’s culture.
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Economic update | México: Reservas de capital
18 Jun 2012
Aunque el sector financiero de México ha permanecido en gran medida resistente a lo largo de la crisis financiera mundial, a causa de las resultantes secuelas de la crisis en las economías de los EE.UU. y de la UE, tanto el sector financiero, como la economía en general todavía se enfrentan a amenazas. A pesar de todo, los bancos están bien capitalizados y muestran hojas de balance saludables; sin embargo, tanto la devaluación del peso, como los altos niveles de préstamos y la concentración de activos, representan peligros potenciales para la estabilidad de los mercados financieros.
Brunei Darussalam has long identified Islamic finance as a sector that can be developed to its advantage, both to serve the banking needs of its domestic economy and as an avenue for economic development at the international level. To achieve these objectives, however, it will need to step up investments in human resources.
A recent announcement that plans to raise the capital requirement for insurance companies could be delayed beyond 2016 could give local and international insurers more time to focus on growth areas such as microinsurance and bancassurance.
Economic update | México: Seguros perdurables
14 Jun 2012
Los sólidos fundamentos macroeconómicos y el aumento del poder adquisitivo han atraído a varias compañías al sector de seguros mexicano, ya que éste exhibe un buen potencial a largo plazo. Sin embargo, las bajas tasas de penetración y primas de seguro de vida y no vida podrían presentar un reto.
The Thai banking sector experienced rapid growth in the first quarter of 2012 on the back of significant expansion of the economy as a whole, with most banks posting increases in profits and loans.