Paraguay seizes Ueno Bank, leaving millions unable to reach their money
Paraguay seizes Ueno Bank, leaving millions unable to reach their money
Paraguay seizes Ueno Bank, leaving millions unable to reach their money
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- Paraguay's central bank has taken control of Ueno Bank after its solvency ratio fell below half the legal minimum.
- The bank says it serves about three million customers, roughly 60 percent of the country's adults, and holds hundreds of millions of dollars in public funds.
- Customers were locked out of accounts and cards, though deposit cover of about $38,000 per person is expected to protect around 97 percent of depositors.
- Paraguay's central bank has taken control of Ueno Bank after its solvency ratio fell below half the legal minimum.
- The bank says it serves about three million customers, roughly 60 percent of the country's adults, and holds hundreds of millions of dollars in public funds.
- Customers were locked out of accounts and cards, though deposit cover of about $38,000 per person is expected to protect around 97 percent of depositors.
- Paraguay's central bank has taken control of Ueno Bank after its solvency ratio fell below half the legal minimum.
- The bank says it serves about three million customers, roughly 60 percent of the country's adults, and holds hundreds of millions of dollars in public funds.
- Customers were locked out of accounts and cards, though deposit cover of about $38,000 per person is expected to protect around 97 percent of depositors.
Paraguay's central bank has taken control of Ueno Bank after its solvency ratio fell below half the legal minimum. The bank says it serves about three million customers, roughly 60 percent of the country's adults, and holds hundreds of millions of dollars in public funds. Customers were locked out of accounts and cards, though deposit cover of about $38,000 per person is expected to protect around 97 percent of depositors.
Paraguay's central bank has taken control of Ueno Bank after its solvency ratio fell below half the legal minimum. The bank says it serves about three million customers, roughly 60 percent of the country's adults, and holds hundreds of millions of dollars in public funds. Customers were locked out of accounts and cards, though deposit cover of about $38,000 per person is expected to protect around 97 percent of depositors.
Paraguay's central bank has taken control of Ueno Bank after its solvency ratio fell below half the legal minimum. The bank says it serves about three million customers, roughly 60 percent of the country's adults, and holds hundreds of millions of dollars in public funds. Customers were locked out of accounts and cards, though deposit cover of about $38,000 per person is expected to protect around 97 percent of depositors.
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