South Africa Renewables Q4 2019
South Korea has a large, mature and well-developed financial sector, which has undergone major reforms but remainsdominated by large domestic groups. The banking sector faces rising headwinds to growth from softer domestic demand and lowinterest rates, while market saturation will limit growth in the life insurance segment, pushing companies to seek opportunitiesabroad. Regulators are pushing the development of new fintech start-ups and easing regulations of the capital market but, at thesame time, capital requirements and reporting standards are moving higher in line with global trends and remain a key challenge forsmaller players.
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