FERRERE accompanied Zeta Banco S.A.E.C.A. on its recent capitalization process. This included achieving an agreement to bring in a new international strategic partner, upon Central Bank of Paraguay (BCP) authorization. Once the financial supervision authority gives its approval, the transaction will involve a significant injection of funds by BNB Invest Paraguay S.A., with positive effects for strengthening Zeta Banco’s net worth and its projections for sustained growth.
The FERRERE team provided comprehensive advice on the structuring and negotiation of the instruments necessary to achieve the capitalization commitment. In parallel, FERRERE continues assisting Zeta Banco on the BCP regulatory procedures to obtain the pertinent authorizations.
This is a significant transaction for the country’s financial system, which incorporates direct foreign investment and reinforces confidence in local regulations and in the sector’s institutions.
The FERRERE team involved in the transaction was led by partner Carlos Codas, together with the attorneys Maurizio De Oliveira Lagoa and Belén Morel.