AGP Executive Report
Last update: 8 hours agoUK Public Finance Stress: UK gilt yields jumped after a Burnham-related political scare, with May borrowing and debt interest costs hitting fresh highs, widening the deficit. Kenya Finance Bill Fallout: Kenya’s Finance Bill 2026 passed after MPs scrapped VAT on person-to-person mobile money transfers, but critics point to massive absenteeism and political heat around who voted and who didn’t. Digital Lending Push (Nigeria/India): Access Bank launched “Access Auto Fest” offering up to 90% vehicle financing via a digital process, while India’s Dhruva Capital rolled out “NeoMoney” on Google Play. Carbon Capture Funding (India): India cleared a ₹19,700 crore CCUS plan to cut industrial emissions, targeting 7 million tonnes of annual CO2 capture. Global AML Leadership: India’s Vivek Aggarwal was elected FATF vice-president, signaling deeper global anti-money-laundering influence. AI in Finance (China): China issued risk-based AI guidelines for banks and insurers, pushing governance and safer deployment. Corporate/Markets: Singapore’s Temasek named Wendy Koh as CFO; HDFC Securities appointed Vipul Nirwani to lead digital products.
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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