AGP Executive Report
Last update: 9 hours agoUK Rates Watch: UK inflation jumped to 3.1% in August, keeping pressure on the Bank of England ahead of its decision, with markets split on whether borrowing costs stay at 3.75% or rise later. Central Banking: The Bank of Japan is widely expected to lift rates again to 1.25% as energy-driven inflation and a weaker yen feed through. Mortgage Pricing Scrutiny: New Zealand’s Financial Markets Authority says banks are moving at very different speeds on OCR-linked rate changes, with gaps between new and existing customers. Banking Tech & Security: Shufti launched bank account verification in 70+ countries, while Eclipse Bank picked Lumin Digital and Array teamed with Tyfone to embed financial security tools and AI support for community lenders. Corporate & Market Moves: Fortis Healthcare and Axis Bank are set to challenge a Delhi High Court forensic audit order at the Supreme Court; investors are also lining up via Keystone Bank for Nigeria’s Dangote Refinery IPO subscription. Payments & Policy: Saudi and Qatar agreed to enable cross-border use of national cards mada and Himyan, and the Kazakhstan central bank is exploring digital payment links with Veon and Beeline.
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