Markets
7.1
Ueno Bank collapse in Paraguay: millions in limbo, partial recovery, public funds trapped
Published 1 d ago2 sourcesEvidence: Reported
SeverityHighAssessedDeveloping storyLa Nación (Costa Rica)Low-rated sourcePY
Paraguay's president reports that $330 million has been returned to 1.74 million depositors of failed Ueno Bank, covering 95% of affected parties. Claims on suspended mutual funds remain unresolved, indicating partial recovery and ongoing financial-sector stress.
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