AGP Executive Report
Last update: 6 hours agoCyber Risk: CrowdStrike says AI tools were likely used in attacks on South Korean financial organizations, with at least nine banks reported as targets. Ghana’s central bank will review banks’ cybersecurity compliance. Ghana’s Recovery: All 23 banks now meet capital requirements, while sector assets rose 20.47% year on year to GH¢500.2 billion in August. Credit Conditions: Kenya’s bad-loan ratio fell to 13.9% in September, its lowest in 44 months, as lending rates eased and private-sector credit grew. In India, banks expect loan demand to strengthen this quarter, except in agriculture, though funding pressures remain. Funding and Earnings: Qatar National Bank secured a twice-oversubscribed $2.5 billion loan from 25 lenders. Wall Street banks begin reporting third-quarter results this week as rising Treasury yields cloud the outlook for trading and lending income.
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