Paraguay bank collapses with half of population's savings
Protests have broken out in Paraguay following the sudden closure of Ueno Bank due to a solvency crisis. The collapse has left a significant portion of the adult population unable to access their savings.
Why it matters
The sudden loss of access to savings for a large percentage of the population poses a major threat to national economic stability and social order.
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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.
Headlinne story · 4 newsrooms
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