Paraguay bank collapses with half of population’s savings
Summary
Protests have erupted across Paraguay after Ueno Bank was shut down in the middle of the night over a solvency crisis.
Description from Al Jazeera English.
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Paraguay Seizes Ueno Bank, Putting 3 Million Customers' Savings and $850 Million in Public Funds at Risk
Paraguay's central bank has taken control of Ueno Bank after identifying a severe capital shortfall, disrupting access for customers and placing public and pension funds under scrutiny.
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Paraguay bank collapses with half of population’s savings
Protests have erupted across Paraguay after Ueno Bank was shut down in the middle of the night over a solvency crisis.
State-funded media
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