Politics - Sep 28, 2026López backs transparency on ueno bank risks, says exception averted US$300 million loss
Benigno López says bank secrecy protects customers but should not prevent the Senate from learning about ueno bank’s capital, liquidity and risks. Citing Law 7066/2023, the Constitution, the public-information access law and financial disclosure requirements, he supports withholding customers’ identifying details. He says an accounting exception after Visión Banco was absorbed two years ago was intended to avert a public loss of about US$300 million, while depositors—less-informed creditors despite coverage from the Deposit Guarantee Fund—need to know the bank’s assets and exposure.