Place

Paraguay

Country in South America

Paraguay bank Ueno collapses in solvency crisis, protests erupt

Customers unable to access money as Ueno Bank is shut down overnight

Protests have erupted across Paraguay after Ueno Bank was shut down in the middle of the night over a solvency crisis, leaving customers unable to access their money. An estimated 60% of the adult population banks with Ueno.

6 Nov 2026

World

Paraguayan President Peña resigns, lower house votes 78-0 to impeach

Paraguayan President Santiago Peña resigned Thursday as the collapse of Ueno Bank triggered a political crisis, with the lower house voting 78-0 minutes later to impeach him. Vice President Pedro Alliana is expected to be sworn in after Congress accepts the resignation, while the impeachment charges head to the Senate.

today