AGP Executive Report
Last update: 8 hours agoSME Finance Boost (Caribbean): The Caribbean Development Bank approved a US$232,000 grant to strengthen Development Finance Institutions, including training and a web-based SME credit scoring and risk rating platform to improve lending to SMEs, climate resilience and renewable energy. Cross-Border Payments (Latin America): SOLOWIN’s SOLOWIN HOLDINGS unit signed an agreement with ATTRUS (formerly Facilitapay) to build liquidity services, cross-border payments, and stablecoin fiat on/off-ramps in Mexico and Brazil. Pawn Retail Demand (Latin America-linked consumer finance): FirstCash reported record second-quarter results, with pawn demand driving a 58% jump in GAAP EPS and 40% in adjusted EPS, plus a new US$150M share repurchase plan and a quarterly cash dividend. Digital Commerce Access (LATAM): QUBIC integrated with Alchemy Pay so users in 173 countries—including Latin America—can buy QUBIC directly via local payment rails like PIX (Brazil) and SPEI (Mexico). Tourism & Local Vendors (Caribbean): Dominica announced a July 27–29 Cruise Stakeholders Symposium aimed at preparing tourism service providers, including small business owners and craft vendors, for the next cruise season. Stablecoin Policy Watch: The BIS warned stablecoins could weaken capital controls in emerging markets, pushing policymakers to rethink financial stability tools.
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.