S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

ueno bank Posts Record First-Half Growth Amid Paraguayan Expansion

With a customer base now reaching 2.94 million, ueno bank has captured roughly 63% of Paraguay’s adult population. The institution closed the first half of 2026 with its strongest financial performance to date, buoyed by a surge in corporate lending and significant backing from international development finance partners.

ueno bank Posts Record First-Half Growth Amid Paraguayan Expansion
Photo: Bio & News

Since its market entry in 2021, the bank has integrated over 1.2 million previously unbanked individuals into the formal financial system. This rapid scaling, supported by a universal banking license, has solidified its position as the country’s leader in transaction volume and card issuance. The growth trajectory was further bolstered by a USD 350 million international bond issuance—the largest of its kind for a Paraguayan bank—alongside USD 171 million in new credit facilities.

Capital strength was reinforced by an USD 88 million increase to the base, including a USD 17 million injection from strategic shareholder OTP Bank Plc. International partnerships played a critical role in this expansion: the Development Bank of Austria (OeEB) provided its inaugural Paraguayan investment of USD 20 million to support women-led enterprises and sustainable finance, while the eco.business Fund matched that commitment to drive green economy projects. OTP Bank also deepened its stake in parent company U Holdings to USD 47 million, signaling continued confidence in the bank's role within Paraguay’s evolving economic landscape.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!