economia ·
Itaipu seeks to recover about R$ 1 billion at Ueno Bank
Guia 3 newsroom · edited by Annie GrellmannUpdated on PortuguêsEspañol
Paraguayan administration announces legal measures after bank intervention
The Paraguayan administration of Itaipu Binacional said in a statement released on November 7, 2026, that it had roughly US$ 182 million: about R$ 1 billion—deposited at Ueno Bank in Paraguay. Following the Central Bank of Paraguay’s intervention, the company announced legal actions to try to recover the funds.
The binational hydroelectric plant disclosed that the deposits were split between dollar accounts (US$ 163.8 million) and guaraní accounts (115.2 billion guaraníes, roughly US$ 18 million), totaling about US$ 182 million.
The funds had been placed at Ueno Bank starting in January 2025 and, according to the administration, represented about 7.6% of the financial transfers received from Brazil between 2024 and 2026, a period during which the remittances exceeded US$ 2.4 billion.
The banking crisis that led the Central Bank of Paraguay to put Ueno Bank into resolution on November 3, 2026, blocked access to the money. Itaipu’s Paraguayan administration filed criminal complaints against the bank’s executives and will follow the investigations conducted by the Central Bank.
Despite the situation, Itaipu assured that the plant’s electricity generation was not affected and that operations remain normal.
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