Christi🅰️n

🇵🇾 Let’s put the Ueno banking crisis into perspective. The claim that 60% of Paraguayans have lost access to banking is misleading. Ueno had approximately 2.8 million reported depositors, equivalent to 43.5% of Paraguay’s total population. But that doesn’t mean 43.5% of Paraguayans have lost access to all their banking services. #Example My wife and I both have Ueno accounts, but rarely use them except for credit card discounts. We transfer money in, make a purchase and pay off the card. That’s two Ueno customers who aren’t dependent on Ueno for everyday banking. And we’re certainly not alone. By June 2026, Paraguay had approximately 4.5 million individual deposit holders and over 15 million deposit accounts. Many Paraguayans bank with multiple institutions. And cash is still king for many Paraguayans. #Approximately 39% of Paraguayans aged 15 and older, an estimated 1.86 million people, had no financial account whatsoever. Although digital banking is growing rapidly. Not diminishing what's happened, however there’s an enormous difference between one bank failing and an entire country’s financial system collapsing. The people, the lifestyle, the freedom and the opportunities that make Paraguay attractive haven’t disappeared overnight. Paraguay is so much more than one bank. 🇵🇾