Paraguay's Ueno Bank collapse: frozen savings, an ousted president and what comes next
The failure of Ueno Bank, a fast-growing digital lender with about 2.9 million customers, froze accounts for roughly half of Paraguay's adults, put hundreds of millions of dollars of pension money at risk and led to the impeachment and detention of President Santiago Peña, who denies wrongdoing. Here is how the crisis unfolded and what depositors can expect.
Kabeer Ahmad9 min read