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Paraguay's President Resigns Amid Ueno Bank Collapse and Political Turmoil

World News

Paraguay's President Resigns Amid Ueno Bank Collapse and Political Turmoil

Paraguay President Pena resigns under mounting pressure from bank collapse

The Straits Times

Paraguay President Pena resigns under mounting pressure from bank collapse

The crisis has undermined Paraguay’s hard-won reputation as a stable destination for foreign investment.

Explainer: What is ueno bank and how did it trigger Paraguay’s political crisis?

The Straits Times

Explainer: What is ueno bank and how did it trigger Paraguay’s political crisis?

Paraguay’s President Santiago Pena resigned on Nov 5 following the collapse of the bank, called ueno.

Paraguay’s President, Santiago Peña, Quits Amid Ueno Bank Scandal

The New York Times

Paraguay’s President, Santiago Peña, Quits Amid Ueno Bank Scandal

The president of the South American nation, Santiago Peña, has apologized for failing to prevent its worst financial crisis in decades.

Paraguay President Santiago Peña resigns amid ueno bank collapse

The Hindu BusinessLine

Paraguay President Santiago Peña resigns amid ueno bank collapse

The political crisis intensified after lawmakers raised allegations of financial misconduct and the central bank intervened in the troubled lender

Paraguay’s President Pena resigns as bank collapse sparks crisis

South China Morning Post

Paraguay’s President Pena resigns as bank collapse sparks crisis

Paraguayan President Santiago Pena resigned on Thursday after the collapse of digital lender Ueno triggered a political and financial crisis, froze access to millions of accounts and ‌rattled...

Paraguay President Santiago Peña resigns after bank collapse

BBC

Paraguay President Santiago Peña resigns after bank collapse

The move follows a bank collapse and after the lower house of congress voted in favour of pursuing an impeachment trial against him.

Paraguay's President Peña resigns amid banking crisis that left 3 million without account access

Firstpost

Paraguay's President Peña resigns amid banking crisis that left 3 million without account access

The collapse of digital lender ueno, with which Peña had former business links, triggered protests, an investigation into bank executives and calls for his impeachment

Paraguay’s President Resigns as Collapse of Bank With Close Ties to Him Sparks Crisis

The Wall Street Journal

Paraguay’s President Resigns as Collapse of Bank With Close Ties to Him Sparks Crisis

Santiago Peña’s downfall rattled a fast-growing South American economy that has attracted investors and forged close ties with the U.S.

Latin American president resigns after bank collapse

rt-english.com

Latin American president resigns after bank collapse

Paraguay’s Santiago Pena was a close ally of US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu Paraguayan President Santiago Pena has resigned after the collapse of a major...

Paraguay’s president out after bank implosion freezes millions of accounts

The Washington Post

Paraguay’s president out after bank implosion freezes millions of accounts

Santiago Peña faced rising ire after the collapse of a bank to which he had been connected.

Paraguay's Banking Crisis Sparks Political Turmoil and Protests Amid President's Legal Troubles

Paraguay's president faces possible criminal charges as bank collapse triggers political turmoil

Hindustan Times

Paraguay's president faces possible criminal charges as bank collapse triggers political turmoil

Paraguay’s attorney general has ordered a criminal investigation involving President Santiago Peña following the collapse of Ueno Bank.

What is ueno bank and how did it trigger Paraguay's political crisis?

Hindustan Times

What is ueno bank and how did it trigger Paraguay's political crisis?

PARAGUAY-POLITICS/UENO (EXPLAINER, PIX):EXPLAINER-What is ueno bank and how did it trigger Paraguay's political crisis?

How Paraguay's Ueno Bank Scandal Took Down Country's Economist President

NDTV

How Paraguay's Ueno Bank Scandal Took Down Country's Economist President

As of June, the ueno bank said it had around 3 million customers - in a country of 6.5 million people - and administered roughly $850 million in public funds.

Paraguay's Ueno Bank crisis: How a banking controversy turned into a political crisis

CNBC-TV18

Paraguay's Ueno Bank crisis: How a banking controversy turned into a political crisis

A crisis at Paraguay's Ueno Bank has triggered public protests and calls to impeach President Santiago Peña. With Ueno serving around 60% of the country's adult population, the turmoil has raised...

‘Lost my life savings’: Paraguay banking crisis triggers protests as millions locked out of accounts; President resigns

Hindustan Times

‘Lost my life savings’: Paraguay banking crisis triggers protests as millions locked out of accounts; President resigns

The banking has also sparked a political storm, with Paraguay's opposition moving to impeach President Santiago Pena.

Paraguay president faces removal bid after bank with 3 million customers is seized

CNBC-TV18

Paraguay president faces removal bid after bank with 3 million customers is seized

Paraguay's opposition has sought President Santiago Pena's removal over the Central Bank takeover of Ueno Bank, which has left millions of depositors unable to access their money.

Bank collapse triggers street clashes in Latin American nation (VIDEOS)

rt-english.com

Bank collapse triggers street clashes in Latin American nation (VIDEOS)

Ueno Bank depositors took to the streets of the Paraguayan capital to demand the impeachment of President Santiago Pena Mass rallies over the collapse of major lender Ueno Bank escalated into...

Paraguay's President Resigns Amid Escalating Banking Crisis and Protests

Paraguay President Resigns Amid Protests Over Ueno Banking Crisis

NDTV

Paraguay President Resigns Amid Protests Over Ueno Banking Crisis

Thousands of Paraguayans gathered outside Congress on Thursday to protest against the president, who is still technically in power as his resignation awaits parliamentary approval.

Paraguay President Resigns As Banking Crisis Hits 3 Million Customers: What's Happening?

NEWS18

Paraguay President Resigns As Banking Crisis Hits 3 Million Customers: What's Happening?

Santiago Pena's resignation came after days of protests and growing pressure from opposition lawmakers, who had sought to begin impeachment proceedings against him.

Santiago Pena, Paraguay President, steps down as banking crisis sows chaos

The Hindu

Santiago Pena, Paraguay President, steps down as banking crisis sows chaos

Thousands of Paraguayans gathered outside Congress on Thursday (November 5, 2026) to protest against the President

Paraguay's president resigns following impeachment filing

The Washington Times

Paraguay's president resigns following impeachment filing

Embattled Paraguayan President Santiago Pena resigned Thursday amid allegations he mishandled the collapse of digital lender Ueno Bank and a day after opposition members filed articles of...

Paraguay's President Peña Resigns and is Impeached Amid Banking Scandal Fallout

Paraguay's Pena resigns, lower house impeaches him after Ueno Bank collapse

CNBC-TV18

Paraguay's Pena resigns, lower house impeaches him after Ueno Bank collapse

The Senate's decision will determine whether Peña is formally removed through impeachment or whether his resignation is accepted and Vice President Pedro Alliana takes over.

Paraguay Crisis: Embattled President Faces Impeachment, Criminal Probe After Bank Collapse

NEWS18

Paraguay Crisis: Embattled President Faces Impeachment, Criminal Probe After Bank Collapse

Paraguayan lawmakers have refused to accept the President's resignation, leaving open the possibility that he could lose his legal immunity and face prosecution.

Paraguay's president is impeached minutes after resigning following a bank collapse

NPR

Paraguay's president is impeached minutes after resigning following a bank collapse

Paraguayan lawmakers voted to impeach President Santiago Peña minutes after his resignation, as the collapse of a digital bank tied to his government froze millions of people's savings.(Image...

Paraguay's president Peña impeached moments after resigning over banking scandal

France 24

Paraguay's president Peña impeached moments after resigning over banking scandal

Paraguay’s lower house voted unanimously to impeach President Santiago Peña on Thursday, just minutes after he announced his resignation on X. Protesters have rallied in the streets since the...

Paraguay Congress begins session to debate President Peña's impeachment

The Straits Times

Paraguay Congress begins session to debate President Peña's impeachment

ASUNCION, Nov 5 - Paraguay's Congress on Thursday began the process of seeking President Santiago Peña's removal, following the collapse of digital lender ueno that has led to protests and calls...

Paraguay bank crisis spurs lawmakers’ calls to impeach president

ThePrint

Paraguay bank crisis spurs lawmakers’ calls to impeach president

Paraguay's political crisis deepened on Wednesday as opposition lawmakers pressed ahead with efforts to impeach

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