Paraguay partially refunds Ueno Bank depositors after collapse
Paraguay's Central Bank says it has partially returned savings to eligible Ueno Bank depositors after the lender collapsed last week. The move comes as the fallout from the takeover continues to spread through the country's political and financial system. The bank's seizure on November 3 triggered mass protests and helped drive the impeachment and arrest of former president Santiago Pena.Pedro Acosta of the Central Bank said 100 percent of Ueno clients entitled to a deposit guarantee fund had received at least part of their money back. The institution said it had partially refunded money to 1,812,348 people. Ueno executives and... [Continue Reading]
360LiveNews | 12 Nov 2026 03:29 LONDON
Advert for a company owned by the publisher of 360LiveNews.
Paraguay crisis deepens as Santiago Pena is impeached, arrested and Pedro Alliana takes over
Paraguay's political and financial crisis deepened on Friday after Congress impeached President Santiago Pena and authorities placed him under house arrest. Senators then appointed Pedro Alliana, the former vice president, as president shortly after the vote, marking a rapid transfer of power in the capital. The move followed the collapse of Uneo Bank, which left almost half the country unable to access their accounts and triggered public anger across the country.Senate President Basilio Nunez said Mr Pena was found guilty of poor performance in his duties after 44 of 45 senators voted for impeachment, with one absent. Prosecutor Silvia Margarita... [Continue Reading]
360LiveNews | 07 Nov 2026 04:31 LONDON
