Itaú

The Central Bank of Paraguay (BCP) said it will respond within 15 business days to Senate requests about procedures and decisions by the authority and the Superintendency of Banks (SIB) involving mergers, acquisitions, banking operations and public deposits, while Santiago Peña met with sector representatives, including Juan José Galeano and leaders of the Association of Banks of Paraguay (Asoban), who advocated transparency and the technical autonomy of regulators and highlighted the system’s strength after investment-grade status was obtained.

Ueno Bank reported intangible assets related to software systems for 2025 whose book value is around three times higher than the corresponding assets of nine other major banks in Paraguay combined. The unusual scale of the figure has raised questions within the financial sector. According to opposition lawmaker Mauricio Espínola, the Paraguayan banking association Asoban may also have approached the Central Bank over the matter.

Paraguayan lawmaker Rocío Vallejo of the Partido Patria Querida had her Itaú bank account emptied following a cyberattack while accessing the bank's official website, which is under investigation and prompted a digital security alert from Paraguay's Central Bank.

May 2026 data show unrecoverable loans at 3.16% of BNF’s portfolio and 2.74% of Ueno Bank’s. Six institutions have more than 90% of their loans in Category 1.

Consumer credit in Paraguay grew by 42% through May, reaching G. 35.52 billion, while the International Monetary Fund (IMF) warns of the risks of over-indebtedness, especially among lower-income families.

The Paraguay-Brazil Chamber of Commerce (CCPB) hosted the event "How Much Is My Company Really Worth?", bringing together specialists to discuss traditional business valuation methods in the context of mergers and acquisitions, amid growing foreign investor interest in Paraguayan firms driven by the country's dual investment-grade rating.

A client of Banco Itaú, Delmis Martínez, reported being the victim of a financial fraud exceeding 85 million guaraníes, which included the draining of her accounts, unauthorized use of her credit card, and the approval of a loan she claims she never requested.

Through April 2026, banks and the Deposit Guarantee Fund (FGD) held 80% of the G$8.5 trillion in Treasury Bonds (BOTES) circulating in Paraguay, underscoring the heavy reliance of state financing on local financial institutions.

Paraguayan banks accumulated profits of US$302 million in the first four months of 2026, a 5.8% increase compared to the same period in 2025, led by Banco Continental.

The IPS investment portfolio reached G$ 20 trillion in March 2026, with more than half of the funds concentrated in instruments issued by local banks and financial entities.