Paraguay’s BCP Opens Probe Into ueno bank

The Central Bank of Paraguay has opened an administrative review into ueno bank over preventive operational irregularities detected by the Banking Superintendency between June 5 and 6, 2026. The information comes from ABC Color’s coverage of the BCP’s answers to Congress, and it does not publicly specify what those irregularities were or what corrective measures or sanctions could follow.

What did the Banking Superintendency detect?

The Banking Superintendency detected preventive operational irregularities at ueno bank between June 5 and 6, 2026, according to ABC Color’s coverage of the BCP’s responses to Congress. The available material does not detail the exact nature of those findings, but it does confirm they triggered the opening of the administrative process.

ABC Color also reported that an official report from the Higher Audit Institution, dated June 8, 2026, described loans from ueno bank to Mowi S.A., Grupo Hendy S.A. and Grupo M S.A. as granted on a single signature, without repayment guarantees and outside prudential parameters. That presentation was circulated as part of the report, not as a final sanction.

What other references surfaced in the coverage?

Última Hora reported the existence of a memo from Fernando Rivarola, the former head of Supervision at the Banking Superintendency, which reportedly reconstructed transactions involving ueno bank, related companies and Vinanzas S.A. The document allegedly raised signs that those moves could have indirectly financed the purchase of a loan portfolio belonging to the bank itself, although it did not label them as definitive irregularities.

Separately, ueno bank announced on October 29, 2026, a $100 million capitalization plan, subject to the necessary regulatory approvals, to strengthen its financial position. The company’s announcement does not say the initiative was a corrective measure required by the BCP.

The reporting so far points to an administrative investigation underway, references to observations about loans and related-party transactions, and a corporate response focused on raising capital. None of those elements, according to the material provided, was presented as a final sanctioning decision by the regulator.