AGP Executive Report
Last update: an hour agoBanking Oversight & AML: In Sara Duterte’s impeachment trial, former LandBank managers testified that OVP and DepEd withdrawals totaling P612.5m were “unusual,” raising questions over whether large cash moves should have been flagged to the AMLC. Central Banking: Bank of Canada minutes show governors split on how durable the rebound is, even as inflation eases—while warning risks remain. Euro Design Update: The ECB confirmed Canary Islands and other EU islands will be added in a later phase of the next euro banknote redesign. Stablecoin Regulation Fight: U.S. bank leaders pushed back on the Senate’s CLARITY Act stablecoin rules, arguing reward bans are needed to protect bank deposits. Bank Performance: Gulf Bank reported KD 27.4m net profit for H1 2026 (+14.1%), while Karnataka Bank posted record Q1 profit of Rs 418.95 crore. M&A/Deals: Future Financial Bankshares agreed to acquire Commercial State Bank in Texas. Digital Banking: Weyay Bank activated digital signatures via its KMID app for online loan documentation.
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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