Paraguay: What Will Happen to the Savings of Almost 3 Million Customers After the Closure of Ueno Bank
5 Articles
5 Articles
Currentists and retired customers of the Paraguayan digital bank Ueno carried out protests in the center of Assumption and in front of the official residence of the president of Paraguay, Santiago Peña, to demand the full return of their resources, after the Central Bank of the country took control of the institution, in the midst of a financial scandal. According to the Paraguayan newspaper ABC Color, hundreds of revolted citizens started a pea…
A group of savers gathered around the Congress, in Asunción, in a protest vigil to demand the return of their funds.They also demand a political trial against President Santiago Peña, who was a shareholder until a year and a half ago of the holding owner of the financial institution.
Ueno Bank’s corral unleashes citizen mobilizations, outrage at the committed savings and demands of political judgment against the president. The controversy also reaches public funds and social resources of thousands of workers and retirees. “El Siglo.” 04/11/2026. Paraguay faces a growing social and political crisis that begins...
Paraguayans Organize Vigil to Demand Their Savings and Trial of President Santiago Peña by Ueno Bank
Ueno Bank Protesters spent the night in front of Parliament to demand the return of their savings, the closure of the entity intervened by solvency problems and a political trial against President Santiago Peña. The crisis also compromises millions of investments from the state retirement fund.
The intervention of the digital bank, linked to the president’s environment, triggered a financial and institutional crisis. The opposition announced that it will promote the dismissal of Peña and Vice President Pedro Alliana. The president called for the resignation of the head of the Central Bank and agreed with Congress a project to guarantee the deposits. For now, he did not present his resignation. The financial crisis unleashed by the inte…
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