Paraguay Seeks to Return Part of the Savings Frozen at Ueno Bank Within 24 Hours
10 Articles
10 Articles
Paraguay seeks to return part of the savings frozen at Ueno Bank within 24 hours
Paraguay’s Senate on Wednesday approved a reform of the deposit guarantee law that would allow customers of Ueno Bank, taken over by the Central Bank on Tuesday, to receive an advance of up to 40 minimum wages, about 121 million guaraníes, within 24 hours of the bank’s resolution. The bill now goes to the Chamber of Deputies, which was due to consider it on Thursday.
This Thursday will begin to return some of the money to the millions of savers affected by the embezzlement, which caused a huge political and financial crisis in the country.Paraguaya justice charged 27 people for the emptying of Ueno Bank, a financial institution that due to its lack of solvency was intervened by the Central Bank on Tuesday, generating a tremendous shock in the country because of [the close links that the extinct entity had wi…
The Central Bank of Paraguay has informed that it will make an advance guarantee of the Deposit Guarantee Fund to the savers of the Ueno...
The president of Paraguay, Santiago Peña, promulgated on Wednesday a law approved in record time by Congress to expedite the delivery, within a minimum of 24 hours, of the resources retained to thousands of clients in the intervention Ueno bank.
In a statement released on Wednesday, 4, BC Paraguay reported that the advance will be up to 40 minimum wages
President Santiago Peña sent an urgent legislative project to reimburse funds deposited while facing threats of political trial
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