< Back to all clusters
[BUSINESS] · Paraguay · 2 sources

started · updated

ueno bank denies allegations in response to Grupo ABC media campaign

ueno bank has issued an open letter to the public to address what it describes as a systematic media campaign by Grupo ABC. The bank claims that the media group has attempted to discredit its operations and its recent investments in technology through recurring publications.

The financial institution asserts that the allegations regarding alleged non-compliance are untrue and based on interpretations and hypotheses that do not reflect reality. ueno bank stated that it previously requested a right of reply through appropriate channels but received no response from Grupo ABC. While acknowledging the importance of a free and independent press, the bank emphasized the need for rigorous journalism that distinguishes between proven facts and speculation.

Entities

Grupo ABC · ueno bank