Paraguayan Bank Ueno's Collapse Leads to President of Central Bank's Resignation
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The President of the Central Bank of Paraguay, Carlos Carvallo, resigned after the intervention of Ueno Bank due to solvency issues. The bank, which manages funds for the state social security institute and other official institutions, had its services suspended. Around USD 380 million of the state social security institute's funds were invested in Ueno Bank, affecting around 32,000 retirees. The intervention process will activate the mechanisms of the Deposit Guarantee Fund, covering up to 75 minimum wages per person.
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Escándalo en Paraguay por la intervención al Ueno Bank, la entidad que...
RT @infobaeamerica: ESCÁNDALO EN PARAGUAY POR LA INTERVENCIÓN AL UENO...
Senadores pedirán juicio contra presidente paraguayo y denunciarán al...
PARAGUAY: TENSIÓN E INCERTIDUMBRE ENTRE LOS AHORRISTAS DEL INTERVENIDO...
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