Ferrere and Gross Brown in ueno bank and Visión Banco merger
Ferrere Paraguay and Gross Brown have advised ueno bank and Visión Banco in the merger by absorption between the two entities, with ueno bank becoming the bank with the largest client portfolio in Paraguay, as well as consolidating its position as the first digital bank in the country.
The legal teams of both firms jointly advised the financial institutions from the initial structuring of the transaction to the completion of the merger. As a result, the Central Bank of Paraguay (BCP) through Resolution No. 22, Act No. 27 dated 21 June, has authorised the merger by absorption of ueno bank and Visión Banco.
Ferrere’s team was led by partner Carlos Codas (pictured left), and a team of professionals that included associates Maurizio De Oliveira Lagoa, Beatriz Recalde and Kristel Duarte.
Gross Brown’s team was led by partner Eduardo Gross Brown (pictured centre) and senior associate Pablo Debuchy (pictured right), including associates Franco De Gasperi, Luciana Callizo and Belén Zorraquín.
