# Banking Crisis Shakes Government

- Place: Asunción, Paraguay (-25.2637, -57.5759)
- Published: 2026-11-15T01:19:45.015Z · expires 2026-11-22T01:19:45.015Z
- Floors (The Arena): E12 States, E10 Institutions, E11 Organizations
- Page: https://emergencemachine.com/brief/d79
- AI-written summary of the sources below; check them.

Paraguay's president resigned following the collapse of Ueno Bank, per Bloomberg.com.

The digital bank's failure triggered a political crisis and raised questions about the country's financial stability, Fortune.com reports.

Depositors received partial refunds as the government struggles to contain the fallout from the banking scandal, France24 notes.

## Sources

- [Paraguay partially refunds Ueno Bank depositors after collapse](https://www.france24.com/en/americas/20261112-paraguay-partially-refunds-ueno-bank-depositors-after-collapse) · france24.com · 2026-11-12
- [A digital bank’s collapse toppled Paraguay’s president and the ‘Dubai of South America’ myth](https://fortune.com/2026/11/13/paraguay-ueno-bank-collapse-president-pena-dubai-south-america/) · fortune.com · 2026-11-13
- [Paraguay’s Star Status Among Investors Shaken After Bank Scandal](https://news.google.com/rss/articles/CBMitwFBVV95cUxNSlNkWVBlcl9iaWRGOU9uaFVGdFlUWGs1VUN6MXF4NFdDMUFmZkdRclRlZG1MXzZFbVpSblFhWXdCQzdlRndWcmtnNWUyaS05S2FZQmRNNDdLam8tdWZybjVodWtpQTVfOG5YZ0E5aGhUeGxxTHVQSFZ1TzFzUk9vSEF2VHNFcjdkMkpzZXNiZUNjOXpOUlV5T04zUzZZZDFxOE9GMDVnSDR4VTN0c1hsSlFrSWU0ZTA?oc=5) · bloomberg.com · 2026-11-14
- [Bank collapse in Paraguay topples president, puts savings at risk](https://news.google.com/rss/articles/CBMimgFBVV95cUxQRzN3bWllN043eFRuMVJFbjB1SzJCRWc4dUNISDU5M25idWFlandFM2NjUXU4Z2UxVW5RRnowY0VQSW9ZRlI0S0lncUtWcmxvbVpzWDVEaUR4M3g0YnhLRlpIZFdnM2dLZFpmc3JoOVl1V1VvRzdYRlQybERmT3VzSWRuUS1pV25JLXNtTUFpZlJnMG1RYkljNzd3?oc=5) · newstribune.com · 2026-11-12
- [Paraguay: The Ueno Bank collapse and the deepening crisis of bourgeois rule](https://news.google.com/rss/articles/CBMiaEFVX3lxTFBRbEVYbEJZSVhEd1NvRDZvRWg0cXFmejVUS1ZWUXlrMFVyYmJCV3FfNzlsSXdjOHc1N3d2MDgyMTI2QVRwNklXYld1c0xVWnJMQ3BMdWVnZGJTY2Z1bjE0eE5rZl9iZlRV?oc=5) · wsws.org · 2026-11-11