Banco de la República reports $2.67 trillion profits for February

Banco de la República posted profits of $2.67 trillion for February 2026, a drop of 8.49% from the same period in 2025. Total income reached $3.10 trillion, down 9.12%. The decline stems mainly from weaker performance in international reserves.

Banco de la República announced profits of $2.67 trillion through February 2026, compared to $2.92 trillion in the same period of 2025.

Total income amounted to $3.10 trillion, a 9.12% contraction from $3.42 trillion the previous year. The drop is largely due to poorer performance from net international reserves, which yielded $2.02 trillion, down 21.56% from $2.57 trillion. Meanwhile, active monetary regulation operations totaled $1.08 trillion, up 28.65%.

Within these, TES investments rose to $629.523 million, a 38.81% increase, and Repo operations grew 19.50% to $451.806 million. Commissions increased 14.91% to $35.719 million, and exchange differences surged 89.44% to $2.554 million.

Net face value of metallic currency in circulation jumped 291.16% to $49.615 million, though other income fell 31.45%. For context, the bank generated $13.9 trillion in profits for all of 2025.

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Argentina's Central Bank building with digital display announcing record US$457 million dollar purchase, rising reserves, and positive net reserves for a finance news article.
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Argentina's central bank makes largest dollar purchase in two years

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Argentina's Central Bank (BCRA) bought US$457 million on Friday, April 10, its largest purchase in two years. Gross international reserves reached US$45.431 million, with net reserves turning positive at US$323 million. The official dollar closed lower at $1.395 for sale at Banco Nación.

In its latest monthly update, Colombia's Banco de la República reported accumulated profits of $2.55 trillion through March 2026—a 43% drop from $4.43 trillion in March 2025. This continues a downward trend following February's 8.49% decline to $2.67 trillion (part of our ongoing Banco de la República Profits Reports series). Assets, equity, and reserves also fell.

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The Banco de la República reported record profits of $13.9 trillion for the end of 2025, mainly driven by net income from international reserves. These earnings surpass Ecopetrol's transfers for the second consecutive year. The bank will transfer $13.8 trillion to the National Government, partly in debt securities and partly in cash.

Technical manager Hernando Vargas presented the Banco de la República's Monetary Policy Report, highlighting the interest rate hike and lower-than-expected GDP growth.

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The Egyptian banking sector's net foreign assets fell to $21.32 billion in March 2026, according to the Central Bank of Egypt. This marks a drop from $27.385 billion the previous month.

South Korea's savings banks recorded a combined net profit of 417 billion won (US$278 million) in 2025, turning from a loss the previous year. The recovery was driven by a 455 billion won drop in loan-loss reserves and falling delinquency rates.

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In its May 1, 2026 board meeting, Banco de la República unanimously kept the benchmark interest rate at 11.25%, surprising analysts expecting a hike to combat accelerating inflation. Finance Minister Germán Ávila participated fully, citing constructive dialogue, while board members justified the decision to maintain stability amid political pressures.

 

 

 

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