Paraguay central bank reimburses 93% of Ueno Bank depositors via guarantee fund

Paraguay's Deposit Guarantee Fund has reimbursed 93% of Ueno Bank customers, covering over 1.7 million accounts with payments totaling US$ 340.4 million. The high reimbursement rate suggests an orderly resolution of the bank's failure, but the remaining 7% of accounts may face delays or disputes. This development underscores the effectiveness of Paraguay's deposit insurance framework in mitigating systemic risk.

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