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AGP Executive Report

Last update: 2 hours ago

Philippines Impeachment Paperwork: Senate impeachment court set time slots for subpoenaed banks and the AMLC to hand over VP Sara Duterte’s peso-denominated bank records, with some banks requesting extra days for remaining documents. Bank Earnings Watch: RCBC reported first-half net income down 22.5% to P4.11B as it boosted credit impairment provisions amid geopolitical uncertainty, even as lending and net interest income rose. Central Bank Move: Bangladesh Bank cut its repo rate by 50 bps to 9.5% and reduced the standing lending facility to 11%, marking the first policy easing in six years. RBI Deposit Rules: India’s RBI said deposit interest rates, including on bulk deposits, must be uniform across branches and customers, with limited flexibility tied to liquidity run-off factors. AI for Banking in India: BHASHINI and PNB signed an MoU to roll out multilingual AI voice/text banking across PNB’s digital channels. EU AI Infrastructure Push: The European Commission opened applications for up to seven AI “gigafactories” backed by €10bn public funding, aiming to cut Europe’s dependence on external AI compute. Market Signals: Qatar’s QSE ended the week down 1.11%, while Philippine banks expect stable lending standards in Q3, per the BSP survey.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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5 hours ago

Grady Campbell names 2026 Top 50 middle market investment banks

AGP

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6 hours ago

FraudNet wins Juniper Research Gold Award for banking fraud prevention

AGP

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Jul. 29, 2026

Refine Intelligence Posts 364% ARR Growth as Banks Automate Fraud Resolution

AGP

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Jul. 29, 2026

XBR pitches cross-platform ATM parts supply for mixed banking fleets

AGP


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Banks in talks to lend $15 billion for Anthropic data center backed by Google, WSJ reports

Banks in talks to lend $15 billion for Anthropic data center backed by Google, WSJ reports

Deposit Mortality Index Now Available from Prismm to Help Banks and Credit Unions Understand and Protect Against Deposit Risk

Deposit Mortality Index Now Available from Prismm to Help Banks and Credit Unions Understand and Protect Against Deposit Risk

Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation

Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation


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5 hours ago

Grady Campbell Announces The 2026 TOP 50 Investment Banks in the Middle Market™

EIN Presswire

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6 hours ago

FraudNet Wins Gold Award for Banking Fraud Prevention

EIN Presswire

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10 hours ago

Quavo Fraud & Disputes Releases Second Annual Trust in Banking Study, Revealing a Widening Gap Between What Customers Expect and What Financial Institutions Deliver

GlobeNewswire, Inc.

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Jul. 29, 2026

Swaystack and InstaSwitch Partner to Solve Business Banking's Hardest Problem: Account Activation

EIN Presswire

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Jul. 29, 2026

Refine Intelligence Reports Record Growth as Banks Shift to Automated Fraud Resolution

EIN Presswire

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Jul. 29, 2026

China Universal ATM Parts Supplier XBR: Cross-Platform Compatibility Strategy for Global Banking Networks

EIN Presswire

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