AGP Executive Report
Last update: 11 hours agoBangladesh Banking & Energy: Finance Minister Amir Khosru says Bangladesh is tackling a serious banking capital deficit tied to money laundering, while also warning power and gas shortages will take at least two years to fix; the government is pursuing alternative financing channels and an integrated energy mix including renewables, LNG, and coal. Bank Earnings: Sampath Bank posted Rs 16.6bn profit after tax for H1 FY26, up 13% YoY, but impairment charges jumped sharply as it expands lending. Tax Administration: Bangladesh’s Finance Ministry says tax refunds now average 35 days under Project Insight 2.0, due to launch in 2028. Insurance Ratings: AM Best affirmed Cavello Bay Re’s A (Excellent) financial strength rating and stable outlook. Consumer Finance Rules: India’s RBI rules limit lenders’ ability to restrict financed smartphones after missed EMIs, with safeguards and unlock timelines. Digital Finance & Markets: OpenEden raised a new round to scale tokenization, including tokenized U.S. Treasurys. Policy & Oversight: Sri Lanka’s President will oversee an audit committee into alleged DS office financial irregularities in Nuwara Eliya, including Aswesuma beneficiary fraud claims.
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