AGP Executive Report
Last update: 2 hours agoBanking System Snapshot (Philippines): Bangko Sentral ng Pilipinas says total funds and assets at financial institutions hit a record P38.3T in June, up 8% year-on-year, with banks holding 83% of the total—suggesting lenders are still positioned to support household and business credit. AI Finance Push: Nvidia is backing AI infrastructure financing platforms with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to mobilize $500B+ in third-party capital, potentially reshaping how investors judge the chipmaker’s role in the AI boom. Crypto Banking Pressure (Swissquote): Swissquote cut 2026 guidance after first-half crypto income slid, even as client assets rose to a record $118.4B—showing how volatile crypto flows are feeding into bank earnings. Property Stress (New Zealand): Mortgage lending weakness is pushing more homes into losses, with 13.1% of sales selling below purchase price in Q2—the highest since 2012. Policy & Consumer Finance: RBI is distancing itself from bank deposit ratings, while U.S. adults increasingly use AI for money help but trust it far less than human advisers. Legislation Watch (Nebraska): LB838 advanced with emergency protections against financial exploitation of vulnerable seniors, expanding when banks can block suspicious transactions. Project Financing Debate (Nigeria): Hospitality and construction investors in Lagos are urging banks to adopt more workable project-finance models, arguing repayment schedules don’t match project cash flows.
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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