AGP Executive Report

Last update: 10 hours ago

Banking Regulation: Kuwait has amended its Bankruptcy Law to speed up proceedings, including new flexibility for setting up bankruptcy courts and changes to how the Bankruptcy Department is led. Digital Finance: Maldives’ central bank chief says payments are set to move toward an “invisible” model over the next five years, using APIs, biometrics and AI to automate transactions and support SME working capital. Bank Performance: Qatar’s commercial banks reported assets up 6% to QR2.2tn in May, with deposits up 7.1% and credit rising to QR1.36tn. Banking Security: Woori Bank said 17,551 customers’ data was leaked via an external developer’s retained files, though phone numbers and addresses were not compromised. Credit & Growth: HDFC Bank posted double-digit growth in deposits and advances in Q1 FY27, with deposits up 14.7% and gross advances up 15.4%. Policy & Welfare Oversight: The UK DWP outlined new eligibility verification powers that could require banks to flag accounts for benefit-related eligibility indicators. Remittances: Pakistan’s banks hit out after the State Bank ended remittance incentive schemes, raising concerns about banks absorbing costs. Corporate/Legal: India’s CBI arrested Reliance Capital ex-CFO Amit Bapna in a ₹9,280 crore fraud probe. Infrastructure & Jobs: World Bank urged Uganda to reform construction-sector rules to unlock more jobs, citing weak regulation and procurement delays. M&A/Structure: Bahrain’s SICO completed merging its funds unit into the parent bank, folding fund administration and custody under one licence.

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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Jul. 3, 2026

Bankole Thompson marks America 250 with call for democratic renewal

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Jul. 3, 2026

Arival Bank adds stablecoin payments through its partner network

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Jul. 3, 2026

50,000 engage with Buddhist Film Festival mandala on London’s South Bank

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Jul. 1, 2026

Bank & Vogue gains recognition for textile circularity work in Charlotte and Brussels

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Fifth Third eBus to offer financial services in West Michigan neighborhoods this July

Fifth Third eBus to offer financial services in West Michigan neighborhoods this July

Banks operating in Egypt post EGP 218.4bn in net profits in Q1 2026

Banks operating in Egypt post EGP 218.4bn in net profits in Q1 2026


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Jul. 1, 2026

Financial Services Advances 10 Bills and a Resolution

U.S. House Committee on Financial Services

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Jul. 2, 2026

Ampcus Expands Telecom, Financial Services Capability, Welcomes Saurabh Gupta as Client Partner in Midwest

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Financial Services Advances 10 Bills and a Resolution

U.S. House Committee on Financial Services

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VEON and Mastercard Join Forces to Accelerate Accessibility of Financial Services

GlobeNewswire, Inc.

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Jul. 3, 2026

Arival Bank Launches Stablecoin Payments through its network of Bank Partners

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Jul. 1, 2026

Provident Financial Services, Inc. Schedules Second Quarter Earnings Conference Call

GlobeNewswire, Inc.

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