AGP Executive Report
Last update: 8 hours agoBanking Outlook: Nepal’s banks have more than Rs1 trillion available to lend, but weak business confidence and borrowing demand are leaving funds idle despite rates near 4–5%. Digital Assets: Wells Fargo shares slipped 1.5% amid reports the bank is discussing a crypto-liquidity partnership with Kraken parent Payward; no deal has been announced. Cybersecurity: South Korean banks are facing AI-assisted attacks, with hackers reportedly misusing an open-source tool to target financial firms. Central Banks: Tunisia held its key rate at 7%, citing upside risks to inflation, while Iraq devalued its dinar as disrupted oil exports squeezed public revenue. Markets: Greek banks’ government-bond holdings have climbed sharply, but their practice of holding most bonds to maturity limits exposure to rising yields, DBRS said. Earnings: Qatar’s Dukhan Bank reported nine-month net profit of QR1.19 billion, up 0.1%, as banking income rose 6% and bad loans fell to a record-low 3.8%.
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.
Perspectify News
Pseudo-journalism: Pink-slime
