Banking Crisis in Paraguay Impacts on Football. In What Way?
20 Articles
20 Articles
The intervened bank is one of the big sponsors of football in that South American country
The debacle broke loose on Tuesday when the Central Bank of Paraguay intervened Ueno Bank due to problems of solvency. Two days later, President Santiago Peña presented his resignation, although this was not accepted by the Senate, which seeks a political trial against him for the case. And football? Football has not been left out of a crisis that affects half of the population of Paraguay, a nation of six million inhabitants. The South American…
Millionaire Conmebol Investments in Ueno Bank that Hit Her because of the Banking Crisis in Paraguay
The organization that governs South American football commits part of its profits as a result of financial turmoil.
Conmebol has US$ 14 million (R$ 77 million) deposited and held in Ueno Bank, which collapsed causing financial and political crisis in Paraguay. The president of the country Santiago Peña asked for the resignation.In addition, Ueno Bank is a sponsor of South American.
Conmebol is one of the main depositors of Ueno Bank, whose intervention triggered a crisis affecting Paraguayan football.
Entity kept US$ 14 million applied in the bankrupt institution, and its president was close to Santiago Peña, who resigned to the country's command The post As the tentacles of Ueno Bank, the Bank Master Paraguay, approach the Conmebol first appeared in Sports Machine.
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