November 6, 2026

The Financial News

The Financial News

Paraguay’s president steps down after bank collapse | DW News


Paraguay’s President Santiago Pena has stepped down after a bank insolvency crisis led to street protests. Around 60% of the population can’t access their accounts after regulators seized control of the digital lender Uneco Bank. The central bank is arranging repayments but stopped short of guaranteeing the savings of all account holders.

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