Financial Intermediation continues to grow
Financial Intermediation sector accelerated in the fourth quarter of 2017, posting a
5.9 percent growth. This is higher than the 5.5 percent growth recorded in the previous year. The performance was largely driven by Banking and Non-Banking Financial Institutions which grew by 7.3 percent and 5.4 percent respectively. Insurance likewise grew faster with 3.7 percent growth while Activities Auxiliary to Financial Intermediation expanded by 5.3 percent growth during the period.