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Paraguay bank collapses with half of population’s savings

Al Jazeera · 2026-11-05

AI SUMMARY

• What happened: Paraguay bank collapses with half of population’s savings 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, leaving customers unable to access their money. An estimated 60% of the adult populat... • Why it matters: This update may be relevant for Cyprus residents, visitors, businesses or policymakers. • What to watch next: Follow CyprusDailyLife for updates.

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, leaving customers unable to access their money. An estimated 60% of the adult population banks with Ueno.

Source: Al Jazeera
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