AGP Executive Report
Last update: 4 hours agoFintech Push: Jordan Ahli Bank rolled out “Service Now, Pay Later” in its mobile app, letting eligible retail customers finance essentials (education, healthcare, weddings, home/auto maintenance, insurance, travel and government services) with caps up to JOD 10,000 and up to 12 months to repay. Banking Performance: Philippines banks kept bad-loan stress steady, with the August NPL ratio at 3.35% (down from 3.5% a year earlier) as lending grew faster than problem loans. Macro Watch: A poll of economists points to September inflation rising to 6.7% in the Philippines, driven by fuel, food and weather-related supply disruptions. Market Flows: Retail investors piled into the iShares 20+ Year Treasury Bond ETF (TLT), adding $61m in one day after a multi-day inflow streak, even as the fund fell on the week. Cybersecurity: Korea’s financial sector is on alert after AI-linked cyberattacks hit multiple banks and mutual finance firms, with customer data leaks reported. Crypto Policy: India’s RBI reiterated a cautious stance on crypto while backing tokenization and testing tokenized instruments and digital-rupee settlement. Leadership Moves: Major appointments landed across RBI and top lenders, including Sudhakar Malli as RBI Executive Director and Anup Bagchi as HDFC Bank MD & CEO.
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.
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