AGP Executive Report
Last update: 11 hours agoPhilippines Impeachment: The Senate impeachment court will decide whether to subpoena Vice President Sara Duterte’s bank and tax records, with the prosecution arguing the documents are vital to the unexplained wealth case and the defense warning it’s a “fishing expedition.” BSP Payments Push: Bangko Sentral ng Pilipinas urged banks and e-wallets to cut reliance on transfer fees and expand savings, credit, insurance and investment offerings as competition and consumer choice grow. Qatar Banking Snapshot: QNB Financial Services reported steady May lending growth and resilient deposits, with loans up 0.7% month-on-month and deposits broadly flat. Sri Lanka Corporate Banking: HNB was named Sri Lanka’s Best Bank for Large Corporates at the Euromoney Awards, highlighting major sustainability-linked and project financing deals. West Bank Cash Crunch: A report says excess cash and limits on physical currency withdrawals are disrupting Palestinian banking operations, forcing banks to struggle with liquidity and vault capacity. Markets/FX: Europe opened lower as US-Iran tensions pushed Brent above $90; South Africa’s rand held steady ahead of its central bank decision. Banking Leadership Moves: UOB Private Bank appointed Judy Chan to lead Hong Kong private wealth, while PNG’s TISA Bank named Luke Kaul as CEO.
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