巴拉圭 Ueno Bank SA 正努力遏制其全球债券的抛售潮，此前监管机构对其业务展开审查，该行计划在本月底前增强资本实力。
Paraguay’s Ueno Bank SA is working to contain a selloff in its global bonds amid regulatory scrutiny of its business, with the lender planning to bolster its capital position before the end of the month.
Ken Parks 和 Ignacio Olivera Doll 报道“我们预计在未来几天将就资本问题发布一项非常重要的公告。我们预计将在资本充实方面给市场带来非常好的消息，”Ueno 董事会成员 Alejandro Gómez Abente 周二在接受采访时表示。
By Ken Parks and Ignacio Olivera Doll“We expect to make a very important announcement regarding capital in the coming days. We expect to have very good news for the market on the capitalization front,” Ueno board member Alejandro Gómez Abente said Tuesday in an interview.
这家由巴拉圭强大的 Grupo Vázquez 集团控股的私营银行，其 2031 年到期的票据价格跌至约 87 美分（面值 1 美元），而该票据于 3 月首次发行时的价格为 99 美分。惠誉评级上周将 Ueno Bank 票据的展望由“稳定”下调至“负面”，理由是“资产负债表快速扩张和高额无形资产”。据称泄露的央行文件指控 Ueno Bank 向与 Grupo Vázquez 有关联的公司过度放贷，该行近几周来因此受到审查。
The private bank, controlled by the powerful Grupo Vázquez conglomerate in Paraguay, saw its notes due in 2031 fall to about 87 cents on the dollar after debuting in March at 99 cents. Fitch Ratings revised its outlook last week on Ueno Bank’s notes to negative from stable, citing “rapid balance-sheet growth and high intangible assets.”Ueno Bank has come under scrutiny in recent weeks as leaked documents reportedly from the central bank alleged excessive lending to companies with ties to Grupo Vázquez.
多名议员呼吁总统 Santiago Peña 推动央行领导层下台，以恢复对该机构的信心，该行央行主席此前曾在该银行任职。
Several lawmakers have called on President Santiago Peña to seek the ouster of the central bank’s leadership to restore confidence in the institution, whose chairman previously worked for the lender.
Gómez Abente 表示，投资者对近期媒体对该银行的报道，以及应议员要求起草的、涉及包括 Ueno 在内的主要贷款机构的央行报告感到不安。他还指出，巴拉圭大型企业 Frigorífico Concepción SA 的债务困境可能是另一推手。
Investors are expressing unease over recent media coverage of the bank and a central bank report about major lenders including Ueno drafted at the request of lawmakers, Gómez Abente said. He also flagged debt woes at Frigorífico Concepción SA, a major Paraguayan company, as another potential driver.
“作为唯一一家在全球市场有证券交易的本地银行，这自然给 Ueno 的债券带来了负面压力，”他说。Gómez Abente 补充称，增强资本的计划是在该行债券下跌之前制定的，他拒绝透露细节。
“That naturally puts negative pressure on Ueno’s bonds” as the only local bank with securities traded in global markets, he said. Gómez Abente added that the plans to bolster capital, which he declined to detail, were drawn up before the drop in the bank’s bonds.
Ueno银行在监管机构规定的期限内于6月解决了关联方贷款限额违规问题后，目前已符合相关限额要求，董事长胡安·曼努埃尔·古斯塔莱在戈麦斯·阿本特陪同下表示。古斯塔莱还称，该行正在配合央行的调查。
Ueno is currently compliant with related-party loan limits after resolving a breach of those levels in June within the time frame established by regulators, chairman Juan Manuel Gustale said alongside Gómez Abente. The lender is also cooperating with a central bank probe, Gustale said.
央行在通过电子邮件回复提问时表示，货币当局于9月对Ueno银行启动了为期四个月的行政调查，以确定其是否间接为贷款组合的收购提供了融资。
The monetary authority opened a four-month administrative inquiry in September against Ueno Bank to determine if it indirectly financed the purchase of a loan portfolio, the central bank said in an emailed response to questions.
古斯塔莱说：“央行质疑的是是否存在间接融资。我们坚持认为不存在。”自培尼亚2023年就职以来，Ueno银行的政府存款激增至约5万亿瓜拉尼（约8.69亿美元），占该行6月底存款总额的29%。在2024年与Visión Banco合并以及积极吸引政府资金的策略推动下，该行已成为巴拉圭按存款规模计算的第六大银行。
“What the central bank is questioning is whether there was indirect financing,” Gustale said. “We maintain there was none.”Government deposits in Ueno Bank have soared since Peña took office in 2023, to roughly 5 trillion guaraníes ($869 million), or 29% of the bank’s deposits at the end of June. It’s the country’s sixth-largest bank by deposits after its 2024 merger with Visión Banco and an aggressive strategy to attract government funds.
培尼亚支持央行对Ueno银行的监管，警告称媒体的喧嚣已对巴拉圭银行体系造成声誉损害，他称该体系盈利良好且资本充足。
Peña has backed the central bank’s supervision of Ueno, warning that the media uproar has caused reputational damage to Paraguay’s banking system, which he called profitable and well capitalized.
总统于10月9日对记者说：“启动调查并不意味着该机构正在被接管或将要关闭。这是一个纯粹的技术问题，由于沟通和告知不善，它唯一在做的就是吓唬人们。”巴拉圭央行行长卡洛斯·卡瓦略在2023年前领导Ueno银行，随后被任命为货币政策最高职位。相反，古斯塔莱曾在央行和一家国有开发机构工作，后转至Ueno银行。
“Opening an inquiry doesn’t mean the institution is being intervened in or that it’s going to close,” the president told reporters on Oct. 9. “This is an eminently technical issue that, poorly communicated and informed, the only thing it’s doing is frightening people.”Paraguay’s central bank chief, Carlos Carvallo, led Ueno up until 2023 before being named to the top job in monetary policy. Conversely, Gustale worked at the central bank and a state-run development institution before moving over to Ueno Bank.
惠誉在其报告中指出，Ueno银行因“关联方交易、公共部门资金集中、会计做法及某些资产负债表项目”面临更严格的审查，但未提供更多细节。
In its report, Fitch noted Ueno Bank has faced increased scrutiny over “related-party transactions, concentration of public-sector funds, accounting practices and certain balance-sheet items,” without providing more detail.
上野银行（Ueno Bank）在3月份发行的3.5亿美元债券，是巴拉圭历史上规模最大的企业债券发行。这一成就尤为重要，因为在去年年底，标准普尔全球评级公司（S&P Global Ratings）和穆迪公司（Moody’s）都将该国的主权债务评级提升至“投资级”。
Ueno Bank’s $350 million bond sale in March was the largest corporate issuance in Paraguay’s history, a major achievement after S&P Global Ratings and Moody’s both upgraded the nation’s sovereign debt to investment-grade status at the end of last year.