Department profile
Vouga Abogados

Banking & Finance

Latin America Guide 2026 : Paraguay


Vouga Abogados

Rankings

About

Provided by Vouga Abogados

Our firm provides the full range of legal services covering all aspects of the Banking and Finance sector, such as banking, financial services, foreign currency exchange and capital markets regulation, secured and unsecured lending, public and private offerings of debt and equity securities, restructuring of financial institutions, going public and going private transactions, structured finance, trusts, among others.

We have a broad practice in cross-border financing, involving tailored structures and guarantees, and requiring creativity and knowledge from our team. The firm has been retained by virtually all multilateral companies doing business in Paraguay.

We also assist clients in the handling of collateral and implemented specific protocols and proceedings allowing borrowers to deliver collateral, the firm acting as custodian and coordinator in the management of collateral pools, registration of security agreements, among other tasks. This has permitted various foreign lenders to become more competitive vis-à-vis local financial institutions, as they are now able to provide financing with collateral that was previously not available to them, because not being present in the country.

Industries (10)

  • Brokerage firms
  • Financial institutions
  • Multilaterals
  • Stock exchange
  • Private companies
  • Foreign and local banks
  • Investment Funds
  • Hedge Funds
  • Capital Market
  • Trusts

Chambers Review

Provided by Chambers

Banking & Finance - Paraguay

Band 1

Band 1


What the Team is Known For

Vouga Abogados is a market-leading full-service firm with significant experience in the banking and finance arena. The legal department routinely represents multilateral development banks in sophisticated finance mandates, such as trust formation, structured loans and credit facilities. The practice group is well equipped to handle capital markets transactions, offering particular expertise in high-value debt offerings. Vouga Abogados also assists clients with cross-border project finance mandates, as well as complex financial services regulations.

Work Highlights

Provided by Chambers

  • Vouga Abogados advised Banco Atlas and its shareholders on the regulatory banking implications of its merger with Banco Familiar.

Strengths

Provided by Chambers

  • Vouga Abogados' team is really responsive, with a high level of service. It consistently meets deadlines and is very proactive in addressing our needs.

    Banking & Finance respondentLatin America
  • Vouga Abogados always delivers quality service. The team's availability is impressive, and the solid command of banking and finance matters is for sure its strong suit.

    Banking & Finance respondentLatin America

Notable Practitioners

Provided by Chambers

  • Band 1Cynthia Fatecha
    Band 1Cynthia Fatecha

    Cynthia Fatecha

    Knowledgeable practitioner and co-head of department Cynthia Fatecha is deeply experienced in advising clients on multilateral loan agreements, the granting of credit facilities and the structuring of trusts in Paraguay.

    • Cynthia Fatecha is a fantastic professional. She is committed to her work, sincere and reliable.

      Banking & Finance respondentLatin America
    • Cynthia Fatecha is well versed in private equity. She is a top-notch professional with ample experience and knowledge in the field.

      Banking & Finance respondentLatin America
  • Band 2Carlos Vouga
    Band 2Carlos Vouga

    Carlos Vouga

    Co-head of department Carlos Vouga regularly advises key financial institutions on the structuring of loans, issuance of bonds and regulatory consultations in Paraguay.

    • Carlos Vouga shows expertise and a perfect understanding of the Paraguayan landscape. He has a good standing in the market and is well connected. He not only knows the what but also the how.

      Banking & Finance respondentLatin America

Ranked Individuals at Vouga Abogados (2)

Paraguay

Members

Provided by Vouga Abogados

  • Rodolfo Guillermo Vouga Z

  • Juan Manuel Ros

  • Alberto Fleytas Squef

  • Paula Lovera

  • Diego Marecos

  • Andres Vera

  • Marcio Torales

  • Carlos Vouga Z.

    Head of Department

  • Georg Birbaumer

  • Cynthia Fatecha

    Head of Department

    View profile of Cynthia Fatecha
  • Rodolfo Vouga Muller

    Head of Department

Vouga Abogados has rankings in the following guides

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