The Government of Paraguay Guarantees Labour Rights to Ueno Bank Workers
13 Articles
13 Articles
Asunción, 10 Nov (EFE).- The fall of Ueno Bank, intervened due to problems of financial solvency, left some 7,000 people unemployed from companies linked to the private bank in Paraguay -which hosts its parent headquarters-, as well as Argentina, Mexico, Nicaragua and Panama, revealed this Tuesday the Paraguayan Minister of Labor, Mónica Recalde. "This network extends internationally", warned the official, in statements to the Paraguayan radio U…
The intervention of Ueno Bank due to problems of financial solvency affects approximately 7,000 people in Paraguay, Argentina, Mexico, Nicaragua and Panama.
El Financiero
EstamosAquí MXUeno Bank Crisis in Paraguay ‘Passes Bill’ to Mexico: Leaves 7,000 Workers Unemployed in 5 Countries
'This network extends internationally,' Paraguay said after revealing that Ueno Bank fired 7,000 workers in 5 countries, including Mexico.
The Minister of Labor of Paraguay, Mónica Recalde, reported that the new Executive of Pedro Alliana activated a series of mechanisms to protect about 7,000 employees of Ueno Bank and the Vázquez Group affected by the intervention of the Central Bank. The Paraguayan issuing entity maintained the disbursement of advances, guaranteed by law 2,334, and is close to complying with all depositors.
November 11, 2026.- From 4,600 to 7,000, the number of people who were left unemployed due to the bankruptcy of Ueno Bank in Paraguay increased. And of that number some employees are in Argentina, Mexico, Nicaragua and Panama, the Paraguayan Minister of Labor, Mónica Recalde, revealed. "They were...
The Government of Paraguay announced new measures to protect the labour rights of approximately 7,000 workers affected by the situation of Ueno Bank and the companies linked to the Vázquez Group, owner of the financial institution, who are experiencing labor difficulties after the closure of their operations. The Minister of Labour, Employment and Social Security, Mónica Recalde, [...]
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