Ueno Bank: Leading the Digital Banking in Paraguay
Paraguay is rapidly modernizing its financial landscape. Since December 2023, the country has welcomed its first fully digital banking in Paraguay: Ueno Bank. This innovation meets the needs of a new generation of customers who demand freedom and the ability to manage their finances remotely.
Goodbye to Long Queues
Just like in Europe and North America, the days of wasting time in bank branches are over. Ueno Bank has eliminated the hassle of long queues. This digital revolution allows users to handle every transaction from their smartphones.
The transition to a banking entity began in November 2023. At that time, the Central Bank of Paraguay (BCP) granted the official license. This certification is essential, as it guarantees that the bank operates under strict security and transparency standards.
A Historic Milestone for Innovation
The launch of Ueno Bank was celebrated by leaders from the political and business sectors. During the event, the bank’s president, Juan Gustale, emphasized the power of teamwork. He expressed immense pride in becoming the first 100% digital bank in the country.
Gustale reiterated a key promise: offering the best digital solutions for both Paraguayan citizens and new foreign residents. For those moving to Paraguay through LIP, having a bank that understands the digital-first world is a game-changer.
Impressive Growth and Numbers
The statistics behind Ueno Bank are remarkable. By late 2023, the bank already surpassed 500,000 customers. The speed of adoption is staggering:
- Approximately 84,000 new accounts activated every weekend.
- More than 70,000 new credit cards issued in record time.
- 24/7 availability, 365 days a year.
Commitment to the Future
The management at Ueno Bank is not stopping here. They are deeply satisfied with these results but remain committed to betting even more on the digital revolution. This shift is truly transforming the daily habits of Paraguayan citizens, making financial management faster, more convenient, and safer for everyone.
The leaders of the bank are dedicated to continuous improvement, ensuring that the platform evolves with global technological trends. Choosing Paraguay means choosing a country that is proactive and attentive to the future. See you soon in Paraguay!
