Paraguay's new president vows to recover pension funds at risk in Ueno Bank crisis
5 Articles
5 Articles
Paraguay's new president vows to recover pension funds at risk in Ueno Bank crisis
Paraguay’s new president, Pedro Alliana, promises to recover pension funds affected by the intervention in Ueno Bank. The crisis, which led to the dismissal of Santiago Peña, has left up to 7,000 people unemployed in Paraguay and other countries.
Asunción.- 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 welcomes its headquarters, as well as Argentina, Mexico, Nicaragua and Panama, revealed on Tuesday the Paraguayan Minister of Labor, Mónica Recalde. «This network extends to [...]
Ueno Bank was dissolved by the Central Bank of Paraguay after detecting that it operated with a solvency below the legal level. Ueno Bank's fall leaves 7,000 workers unemployed in Latin America; Mexicans, among those affected, first appeared in the CEO.
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