Bank Accounts Vanish Just Before Dawn in Shock Paraguay Shutdown
8 Articles
8 Articles
The intervention of the financial institution triggered a political and financial crisis in the country; eight managers were arrested, while savers waited for their deposits
The banking crisis that led to the intervention of the Paraguayan Ueno Bank has already resulted in eight prisons. Managers of the digital bank and executives of companies linked to the Vázquez Group, which controls the institution, were arrested on Tuesday night. The bank closed the doors and blocked the access of customers to accounts and investments, after being considered insolvent. A financial institution is considered insolvent when it fai…
After many years of financial calm, Paraguay lives dramatic hours in its economy due to the unexpected breakdown of the Ueno Bank, the country’s main private entity. Dallys Ferreyra, well remembered in Argentina for her passing through several television programs converted into a journalist since returning to her country, is one of the [...]
Bank failure caused the National Congress to act urgently
(360News) The intervention of one of Paraguay’s main banks has triggered a financial and political crisis of enormous proportions. Nearly three million customers were left without access to their accounts, while some 380 million dollars of pension funds are committed. The outrage has moved to the streets, where savers and [...] This Furia entry in Paraguay after leaving 3 million people without their pensions, savings and bank accounts was publi…
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