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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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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.

元大統領ドナルド・トランプ氏は、JPMorgan ChaseとそのCEOジェイミー・ダイモン氏に対し50億ドルの訴訟を起こし、2021年に同銀行が1月6日の議事堂乱入事件に関連する政治的動機で自身の口座を閉鎖したと主張している。マイアミの裁判所に提出された訴状は、銀行の原則違反とトランプ氏とその事業に対する重大な財務的損害を主張している。JPMorganはこれらの主張を否定し、閉鎖は規制リスクによるものだと述べている。

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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.

 

 

 

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