AGP Executive Report
Last update: 3 hours agoSME Support Push (Thailand): Thailand’s commerce and banking committee says export growth isn’t lifting many SMEs into stronger production or jobs, with capacity use at 59.6% and survey data showing revenue declines at about 330 SME firms; it plans targeted support by classifying SMEs outside the formal system (retail, tourism, energy) with the Federation of Thai SMEs. SME Finance (Saudi Arabia): Tabby won Saudi Central Bank approvals for SME lending and higher-value financing, adding to its consumer and SME finance licences. Banking Consolidation (Türkiye): Turkey’s state participation banks are set to merge (Ziraat Katilim, Vakif Katilim, Halk Katilim) to create a larger interest-free player, aiming for stronger scale and creditworthiness. Payments for SMEs (Hungary/EU): Pay10 secured an Electronic Money Institution licence in Hungary, preparing an SME-first launch via Pay10 Biz with low-cost acceptance and instant settlements. Microloans (Iraqi Kurdistan): Kurdistan’s labour ministry plans 100 new small-business projects under soft loans, with loan sizes from 10m to 150m dinars. Trade Bank Governance (Iraq/Gulf): Region Trade Bank added senior international figures focused on financial integrity and sanctions compliance as Iraq expands banking ambitions with Gulf partners. Risk Alert (Cybersecurity): Fake Interpol-style emails are targeting small businesses with ransomware via password-protected “evidence” files.
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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