Banking

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.

Banco de la República hikes interest rate to 10.25% amid inflation surge and minimum wage controversy

30. tammikuuta 2026 Raportoinut AI AI:n luoma kuva

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.

CBE attracts $1.14 billion in bids for dollar-denominated Treasury bill auction

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.

NBE arranges EGP 1.42 billion syndicated facility for SEAZEN project

02. helmikuuta 2026 Raportoinut AI

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.

Crypto

ByBit to launch fiat banking services next month

Asia

Hong Kong central bank holds rate steady following Fed decision

America

Ex-BR director notes attempt to save Banco Master

Hang Seng Bank's delisting from its created index signals shift

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.

Anbesa Bank retires lion emblem for new spark logo

27. tammikuuta 2026 Raportoinut AI

Anbesa Bank, previously known as Lion International Bank, has rebranded after nearly 19 years, unveiling a minimalist golden spark logo and the motto “Let’s Go for It” at the Adwa Museum. This change culminates a five-month process led by Berry Advertising, a domestic firm with a 13-year track record in the sector.

Trump sues JPMorgan Chase for $5 billion over 2021 account closures

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.

Ahadu Bank profits signal resilience but capital falls short

21. tammikuuta 2026 Raportoinut AI

Ahadu Bank concluded its latest financial year with strong profits, marking a notable achievement for a young lender, yet it faces capital constraints. The bank expanded rapidly and earned substantially, but reforms in Ethiopia's financial sector are outpacing its balance sheet adaptations. This highlights challenges for late-entrant banks in a rapidly liberalizing market.

2. helmikuuta 2026 03.29