Asoban asked Santiago Peña and the BCP to review public funds and the situation of a merged bank

The Asociación de Bancos del Paraguay (Asoban) called on President Santiago Peña and the Banco Central del Paraguay (BCP) to provide a written response to a series of observations linked to the solvency and funding of an institution that emerged from a merger authorized in June 2024.

According to ABC Color, Asoban’s analysis was based on the financial statements at the close of 2025 and the quarterly balance sheets for 2026. Although the document does not directly name the institution, the newspaper noted that the references match Ueno Bank, whose merger with Visión Banco was approved by the BCP on June 21, 2024.

The association revisited a warning it had already issued in June 2025 and said the situation worsened. According to ABC Color, Asoban stated that what then appeared as an initial trend ended up becoming consolidated and that the most recent audited information shows a more strained equity and liquidity outlook.

Among the points raised, it indicated that for every ten guaraníes of balance-sheet growth, about one came from equity and nine from borrowed capital. It also highlighted the weight of funding through public-sector deposits.

Still according to ABC Color, Asoban also said that exposure to companies in the same economic group reached G. 2.94 trillion at the close of 2025, a figure equivalent to 133% of the Effective Equity reported by the institution itself.

Against that backdrop, the association asked that it be specified how exposures to related companies are treated to determine Effective Equity, that the concentration of public funds be assessed, and that a technical working group be formed to safeguard the stability of the financial system.

Sources

• ABC Color

About this note. Written by El Notero with the assistance of artificial intelligence, based on what was published by the cited outlet. El Notero did not conduct its own reporting on this event.