AGP Executive Report
Last update: 7 hours agoWorld Bank/ADB Financing Push: The Philippines is lining up $1.5 billion in fresh loans to deepen financial markets and expand access to capital, with a $1 billion World Bank policy loan and a $500 million ADB program aimed at reforms spanning bank secrecy/AML, cybersecurity, deposit insurance, digital payments and corporate debt. Consumer Protection at BSP: Bangko Sentral ng Pilipinas says consumer complaints jumped 72.6% in 2025 to over 120,000 as more people use digital services and redress channels; it also fast-tracked anti-scam rules that let banks temporarily hold suspicious funds. Bangladesh Bank Resolution: Bangladesh Bank declared four non-bank financial institutions non-viable and started resolution, citing capital shortfalls, heavy classified loans, liquidity failures and weak earnings; administrators have been appointed to oversee the process. Banking Product Moves: Kotak Mahindra launched a hybrid home loan letting borrowers lock rates for up to 65 months, while IDFC First Bank highlighted rapid retail deposit growth to Rs 2.38 lakh crore with 1,155 branches. Crypto Flows: Spot Bitcoin ETFs pulled in $853.5 million net inflows for the week ended Aug. 7, led by BlackRock’s IBIT, as markets recalibrate Fed-rate expectations.
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