Economy · Asunción, Paraguay · November 11, 2026

Paraguay repays Ueno Bank savers; Peña faces probe

Reported by 5 outlets · first reported Nov 10, 4:00 PM ET

Paraguay's central bank partly repaid more than 1.8 million Ueno Bank savers. Prosecutors say ex-president Peña risks up to 15 years in prison. New president Pedro Alliana vowed to recover pension funds.

Why it matters

The bank collapse toppled a president and hit savers.

Background

Ueno Bank was placed under judicial administration.

The story so far

1. Nov 4Paraguay takes over Ueno Bank, freezes deposits
2. Nov 5Paraguay's president resigns and is impeached after bank collapse
3. Nov 6Paraguay's Senate removes President Peña, who is placed under house arrest
4. Nov 7Paraguay's Senate removes President Peña after Ueno Bank collapse
5. Nov 8Paraguay's ousted president charged over bank collapse
6. Nov 9Paraguay appoints new central bank chief after Ueno Bank collapse
7. Nov 10Paraguay names new central bank chief after Ueno collapse
8. Nov 11Paraguay repays Ueno Bank savers; Peña faces probe
9. Nov 12Paraguay partly refunds Ueno Bank depositors after collapse

Follow the whole story →

Sources

• Le Monde ↗Nov 11, 8:40 PM ET
• Euronews ↗Nov 10, 4:00 PM ET
• ANSA ↗Nov 11, 8:28 PM ET

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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