A post by @FirstSquawk on X.

Fitch Ratings said it does not currently expect broader financial stability risks, citing the sound solvency and liquidity positions of other important banks. The agency said Paraguay's ratings reflect generally prudent and consistent macroeconomic policies, low government debt and robust buffers. The assessment signals that bank-sector stress is seen as contained rather than systemic. Paraguay's sovereign profile remains supported by conservative fiscal management and low borrowing levels. Investors will watch whether Fitch's view holds as regional banking conditions and Paraguay's fiscal trajectory evolve.