Bank under intervention in Paraguay concentrates R$ 90 million from Itaipu fund
Originally from Vitória (ES), she graduated in journalism in 2023 and began her career at the independent portal A Investigação. She is currently pursuing a postgraduate degree in literature, arts, and philosophy at the Pontifical Catholic University of Rio Grande do Sul and is a reporter for Revista Oeste in São Paulo, where she writes about Brazil, politics, and international affairs.
TL;DR
- Cajubi, the Itaipu Pension Fund in Paraguay, has R$ 90 million invested in Banco Ueno.
- Banco Ueno is undergoing intervention by the Paraguayan Central Bank due to solvency issues.
- This investment puts the retirement and pension resources of Itaipu Binacional employees at risk.
- The current investment amount is R$ 53.1 million higher than at the end of 2025.
- The Paraguayan Central Bank intervened due to Banco Ueno operating with less than half of the required minimum capital.
- Potential losses could be passed on to fund participants, affecting retirement benefits.
- The Paraguayan Deposit Guarantee Fund covers up to 228.3 million guaranis per person, but its application to Cajubi's case is unclear.