Moody's Flags 40% Uninsured Deposits at Ueno, Systemic Risk in Peru

Moody's warns that 40% of Ueno's deposit balances are uninsured, highlighting potential vulnerability in Peru's financial system. Ueno held 9% of deposits and 8% of loans as of September 2026, indicating significant systemic exposure. The warning suggests possible deposit outflows or contagion risk, though the source is a single report and the actual impact remains uncertain.

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