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Banco de la República board announcing 100 basis point interest rate hike to 10.25% due to inflation from minimum wage increase, with concerned Finance Minister.
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Banco de la República hikes interest rate to 10.25% amid inflation surge and minimum wage controversy

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Colombia's Banco de la República raised its intervention rate by 100 basis points to 10.25%—the highest in over a year—in its first 2026 board meeting, citing persistent inflation above 5% for nearly six months and unanchored expectations from a 23.8% minimum wage hike decreed by President Petro's government. The decision, with a split 4-2-1 vote, drew market surprise and government criticism over economic contraction risks.

The Central Bank of Egypt (CBE) received bids worth $1.141 billion in its latest US dollar-denominated local Treasury bill auction, exceeding the offered amount of $950 million, according to data published on the bank’s official website. The 364-day Treasury bills, offered on Monday and maturing on 2 February 2027, drew 26 bids.

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The National Bank of Egypt has arranged a syndicated financing facility worth EGP 1.42 billion for Al Qamzi Developments to cover part of the investment costs for the first and second phases of the SEAZEN project on Egypt's North Coast. NBE serves as facility agent, lead arranger, documentation bank, and bookrunner with a EGP 920 million participation, while Bank Al Baraka Egypt joins as an arranger contributing EGP 500 million.

Hang Seng Bank's delisting from the Hang Seng Index it helped create raises questions about Hong Kong's enduring financial symbols outliving their origins. The bank maintained a balance of global support and local autonomy, even after HSBC became its majority shareholder. For many shareholders, the recent privatisation vote was less a financial decision than an emotional reckoning.

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አንበሳ ባንክ፣ በፍጥነት ሎይን ኢንተርናሽናል ባንክ ተብሎ የሚጠራ ፣ በከሰል ግንባታ ስብስብ በአዲስ አበባ አድዋ ሙዚየም ላይ በሚዛኒ ወርቅ ስፓርክ ሎጎ እና “እንደምናለፍ እንሂድ” የሚለው አዲስ ሞቶ ተገለጸ። ይህ ለአምስት ወር ፕሮሴስ የተጠናከረ በቤሪ አድቨርቲዚንግ የተመራጨ ነው፣ ይህም በሀገር ውስጥ አርበኝ ኩባንያ በ13 ዓመታት በዋና ዋና ዘርበ ውስጥ ተሞርቷል።

Former President Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, claiming the bank closed his accounts in 2021 due to political motivations linked to the January 6 Capitol riot. The suit, filed in a Miami court, alleges violations of the bank's principles and significant financial harm to Trump and his businesses. JPMorgan denies the claims, asserting the closures were due to regulatory risks.

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አሀዱ ባንክ በቅርቡ ጊዜ የገና የገንዘብ ዓመቱን በትርፍ አቀፍ በመጠናቀቅ ጨርሶ ግን ካፒታል ውስን ተገኝቷል። ባንኩ በፍጥነት እየጨመረ በመምታት ትርፍ በማግኘት ገንዘብ ወረቀት ማሻሻያዎች ከመጠን በላይ እየተገነባ ነው ተብሎ ተገለጸ።

 

 

 

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