In light of recent information about an alleged report attributed to a former official of the Superintendency of Banks of the Central Bank of Paraguay (BCP), ueno bank considers it important to clarify the following:

ueno bank has not received the alleged report or memorandum referred to in these publications. Accordingly, we cannot verify its authenticity, integrity, context, or scope, or determine whether such a document, if it existed, had any official status.

As an institution supervised by the Central Bank of Paraguay, ueno bank makes periodic adjustments, implements corrective measures, and follows administrative procedures as part of the Superintendency of Banks’ routine supervisory work, in accordance with applicable regulations.

The material published to date reproduces excerpts from an alleged report. Any responsible assessment of a financial institution must consider the full background information, the institution’s responses, subsequent actions by the supervisory authority, and up-to-date information. In particular, the BCP issued binding requirements concerning the limits applicable to transactions with related companies and initiated the corresponding administrative proceedings. ueno bank remedied the situation within the statutory deadline and complied with the applicable procedures.

ueno bank reaffirms its strong capital position, its commitment to regulatory compliance, and its full willingness to cooperate with the competent authorities by responding to any requests or providing any clarifications that may be required.