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Paraguayans get some savings back after banking collapse disrupted economy
Paraguay's Central Bank said Wednesday, November 11, it had partially returned savings to all eligible Ueno Bank depositors locked out of their accounts when it collapsed last week.
AI Summary
Paraguay’s Central Bank announced on Wednesday, November 11, that it had partially returned savings to all eligible depositors of the digital Ueno Bank who were locked out after the institution collapsed. The bank’s takeover on November 3 sparked massive protests throughout the country. The fallout also led to the impeachment and arrest of former president Santiago Pena, who is linked to Ueno.
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