Ueno Bank review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Ueno Bank lends directly in Paraguay at an APR of 20%, with terms running 12 to 60 and a soft prequalification on the credit check. It suits salaried residents who want money in the app the same day, and anyone who prefers a single bank relationship rather than a broker.

Key facts

Best for
Salaried residents in Paraguay who want a fixed-rate loan credited to the app the same day.
APR
20% (Source, checked September 26, 2026)
Loan amount
PYG 50,000,000 (Source, checked September 26, 2026)
Term
12 to 60 months (Source, checked September 26, 2026)
Arrangement fee
Commissions may apply within the maximum limit permitted by the annual effective rate (TAE); amount reviewed in the loan's particular conditions before accepting (Source, checked September 26, 2026)
Credit check
Soft prequal (Source, checked September 26, 2026)
Funding time
Money credited to your ueno account in a few moments after confirming in the app (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
Ages 18-70, Paraguayan nationality or Paraguayan ID, residence in Paraguay, income of at least the legal minimum wage, and job tenure rules (6 months for salaried IPS contributors) (Source, checked September 26, 2026)
Loan types
Personal, Payday, Car, Business, Credit-line (Source, checked September 26, 2026)
Legal entity
ueno bank S.A. (Source, checked September 26, 2026)
Headquarters
Paraguay (Source, checked September 26, 2026)
Support channels
Chat, Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Same-day funding, Credit line
Official website
ueno.com.py

Apps and profiles

Get the app
App Store
Elsewhere
LinkedInX

Pros and cons

Pros

  • Soft prequalification on the credit check, so an indication costs little before a full check
  • Money lands in the ueno account within moments of confirming in the app
  • Fixed-rate terms of 12 to 60 across personal, payday, car, business and credit-line lending
  • Support runs on chat, phone and help centre, including phone

Cons

  • The APR of 20% sits well above the site median of 12%
  • Charges can be added on top, capped by what the annual effective rate allows, and the figure is only settled in the loan conditions you read before accepting
  • Borrowing is capped at PYG 50,000,000
Ueno Bank

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Scored 9.0 / 10 by BorrowCue.

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Who it suits

  • Adults resident in Paraguay with Paraguayan nationality or ID and income at the legal minimum wage
  • Salaried applicants who already meet the job tenure rules for IPS contributors
  • People who bank and borrow through one app and value fast crediting

Who should look elsewhere

  • Borrowers wanting the cheapest credit, since the APR of 20% is above the site median of 12%
  • Anyone who needs a set arrangement fee up front, because commissions are confirmed in the loan conditions
  • Applicants outside Paraguay, since lending and eligibility are tied to residence and ID there

Safety and regulation

Ueno Bank is a direct lender rather than a broker, so the money comes from the bank named on the paperwork. It is authorised and supervised in Paraguay by the Banco Central del Paraguay. Applications start with a soft prequalification, which suggests credit use a lighter touch than a full check. Funding follows once you confirm in the app.

Who runs it

The lender behind the app is Ueno Bank S.A., based in Paraguay. Its authorisation from the Banco Central del Paraguay is the licence to operate there. Support runs on chat, phone and help centre, so you can reach a person by chat or phone, or search the help centre, without leaving the app.

How Ueno Bank compares

Where Ueno Bank is available

Available
Paraguay
Licence in Paraguay
Banco Central del Paraguay (Resolucion N22 Acta N67 de fecha 22.11.23), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What APR does Ueno Bank charge?+

The rate quoted is an APR of 20% on a preapproved personal loan. Commissions may also apply, but only within the ceiling the annual effective rate allows. The exact amount is written into the particular conditions of your loan, which you read before accepting.

How much can I borrow?+

Loan amounts go up to PYG 50,000,000, with terms of 12 to 60. The bank covers personal, payday, car, business and credit-line borrowing, so the same relationship can handle more than a single instalment plan. Larger sums are assessed against your income.

Does applying hurt my credit?+

Applications begin with a soft prequalification, so you can see where you stand without a full check. A full assessment follows once you proceed. That is a lighter starting point than lenders that run a hard check on the first application.

How quickly do I get the money?+

Once you confirm in the app, the money is credited to your ueno account within moments. Same-day funding is a standard part of the offer rather than an extra service, and the loan can be a revolving credit line as well as a fixed-term loan.

Is my money protected by a deposit scheme?+

Ueno Bank is licensed and supervised by the Banco Central del Paraguay, and the app is tied to your ueno account, so funds sit with the bank. A named deposit protection scheme is not set out for this account, so ask the bank directly about the cover that applies to your balance.

Who is eligible to apply?+

Applicants must be adults, resident in Paraguay, with Paraguayan nationality or a Paraguayan ID, and earn at least the legal minimum wage. Job tenure rules also apply, including a waiting period for salaried IPS contributors before a loan is granted.

What types of loan does it offer?+

The range covers personal, payday, car, business and credit-line loans, and the pricing is fixed-rate on each. Terms run 12 to 60, so a longer plan spreads the cost but keeps the monthly commitment in place for longer.

How do I get help if something goes wrong?+

Support runs on chat, phone and help centre, meaning chat, phone and a help centre are all available. Questions about rates, commissions and eligibility are answered through the same channels, and the help centre covers the terms before you accept a loan.

Sources

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Representative example.

Ueno Bank

Ueno Bank

Salaried residents in Paraguay who want a fixed-rate loan credited to the app the same day.

9.0/10See alternatives

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