A Paraguayan bank serving two-thirds of the population collapsed due to its OTP foreign investment

Updated 2026-11-04 · told from many outlets at once

Ueno Bank, Paraguay's largest financial institution, filed for bankruptcy, affecting thousands of savers. The Central Bank of Paraguay announced a resolution procedure for the bank. The bank's solvency index dropped below half the legal minimum.

Ueno Bank has 2.9 million clients in the country.

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