Paraguayan President Resigns Amid Ueno Bank Crisis and Protests

Paraguayan President Resigns Amid Ueno Bank Crisis and Protests

Économie Politique
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Paraguayan President Santiago Peña resigned on 2 November after the Central Bank of Paraguay seized fintech lender Ueno Bank, freezing the deposits of millions and prompting protests and impeachment proceedings in Asunción, officials said. The resignation followed a week of turmoil that began on 2 November when the central bank placed Ueno into resolution after its capital adequacy fell below legal limits, jeopardising customer savings and public pension funds, authorities said. The bank’s collapse also led to the resignation of central bank chief Carlos Carvallo, and lawmakers and demonstrators subsequently called for the president’s impeachment.

Acteurs

Paraguay's central bank Ueno Bank President Santiago Peña Carlos Carvallo Juan Manuel Gustale Federico Miguel Vázquez Villasanti Prosecutors

Lieux

Paraguay

Vérification des faits

Comment fonctionnent ces métriques
Verdict global: Partiellement confirmé Confiance: 70% Affirmations: 5
Résumé

All five claims were partially confirmed. President Santiago Peña announced his resignation on November 5, 2026, as Congress prepared to consider his departure. Carlos Carvallo resigned as president of the Central Bank of Paraguay on November 4, 2026, following the takeover of Ueno Bank. President Peña stepped down on November 6, 2026, after the Central Bank seized Ueno Bank and froze deposits of millions. President Peña also stepped down on November 5, 2026, after the collapse of Ueno Bank left millions unable to access their savings. Finally, Paraguay's central bank moved on November 4, 2026, to resolve Ueno Bank after its capital ratio fell below legal limits.

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Articles

6 novembre 2026
1 au total
Santiago Pena, Paraguay President, steps down as banking crisis sows chaos
Santiago Pena, Paraguay President, steps down as banking crisis sows chaos

The Hindu • 06 nov. 05h00

President Santiago Pena stepped down after the Central Bank seized Ueno Bank, freezing deposits of millions and triggering protests and impeachment proceedings in Asunción.

Crédibilité 82% Manip. 12% Centre
5 novembre 2026
5 au total
Prosecutor seeks charges against Paraguay's president Santiago Peña following bank collapse
Prosecutor seeks charges against Paraguay's president Santiago Peña following bank collapse

CBC • 05 nov. 22h18

President Santiago Peña announced his resignation after the failure of Ueno Bank sparked protests and a parliamentary impeachment, while prosecutors opened criminal investigations into the crisis.

Crédibilité 82% Manip. 12% Centre
Paraguay president impeached minutes after resigning following bank collapse : NPR
Paraguay president impeached minutes after resigning following bank collapse : NPR

NPR • 05 nov. 18h30

Paraguay's lower house voted unanimously to impeach President Santiago Peña minutes after he announced his resignation, following the collapse of Ueno Bank that left millions of depositors without access to their savings.

Crédibilité 82% Manip. 12% Centre
Paraguay President Pena resigns in wake of bank collapse
Paraguay President Pena resigns in wake of bank collapse

Al Jazeera • 05 nov. 17h11

President Santiago Pena stepped down following the failure of fintech lender Ueno, amid accusations of misconduct and mounting pressure from Congress and protesters.

Crédibilité 82% Manip. 12% Centre
‘Lost my life savings’: Paraguay banking crisis triggers protests as millions locked out of accounts; President resigns
‘Lost my life savings’: Paraguay banking crisis triggers protests as millions locked out of accounts; President resigns

Hindustan Times • 05 nov. 16h53

President Santiago Peña stepped down after the collapse of Ueno Bank left millions of Paraguayans unable to access their savings, sparking nationwide protests and a political push for impeachment.

Crédibilité 72% Manip. 12% Centre
President of Paraguay resigns amid crisis over bank collapse
President of Paraguay resigns amid crisis over bank collapse

CNN • 05 nov. 16h41

President Santiago Peña announced his resignation as Congress prepares to consider his departure following the shutdown of Ueno Bank and related impeachment proceedings.

Crédibilité 88% Manip. 8% Centre
4 novembre 2026
2 au total
Paraguay’s Central Bank President Resigns Following Collapse of Ueno Bank
Paraguay’s Central Bank President Resigns Following Collapse of Ueno Bank

Disruption Banking • 04 nov. 19h52

Carlos Carvallo resigned as president of the Central Bank of Paraguay following the takeover of Ueno Bank, which faced solvency problems and related-party lending scandals.

Crédibilité 78% Manip. 12% Centre
Bank That Counts 60% of One Nation as Customers Just Failed
Bank That Counts 60% of One Nation as Customers Just Failed

Newser • 04 nov. 14h44

Paraguay's central bank moved to resolve Ueno Bank after its capital ratio fell below legal limits, affecting millions of customers and public pension funds.

Crédibilité 82% Manip. 12% Centre

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