Paraguay’s president resigns amid Ueno Bank collapse and impeachment vote

Santiago Peña resigned as Paraguay’s lawmakers voted 78–0 to impeach him, after the central bank seized Ueno Bank over a severe capital shortfall. The collapse left millions of customers unable to access accounts and prompted protests; authorities have detained bank executives and prosecutors have filed charges. (6a7cfdff-4180-4d66-8fa9-72edb2875df9; e79cf282-dfbc-42cd-84de-d9c3cca4fa52; 1a9fcf26-2888-42d1-a60d-a87e9be721a2)

• The central bank seized Ueno Bank after finding that its capital or solvency ratio had fallen below half the required minimum. Accounts, cards, transfers and branches became inaccessible to customers. (6a7cfdff-4180-4d66-8fa9-72edb2875df9; 1a9fcf26-2888-42d1-a60d-a87e9be721a2)· 2 sources
• Peña resigned while lawmakers debated his removal. Paraguay’s lower house then voted 78–0 to impeach him; the charges went to the Senate, where conviction requires a two-thirds majority. (e79cf282-dfbc-42cd-84de-d9c3cca4fa52; 6a7cfdff-4180-4d66-8fa9-72edb2875df9)· 2 sources
• Ueno reported about $800 million in public deposits, roughly a quarter of its total deposits, and served about 2.94 million customers—around 60 per cent of Paraguay’s adults. (1a9fcf26-2888-42d1-a60d-a87e9be721a2; 53b8f383-1c7b-434e-959c-37166402ce10)· 2 sources
• Demonstrators in Asunción demanded their savings and Peña’s impeachment; employees also protested over unpaid wages and severance. Police used pepper spray and rubber pellets to push back some crowds. (6a7cfdff-4180-4d66-8fa9-72edb2875df9; e79cf282-dfbc-42cd-84de-d9c3cca4fa52)· 2 sources
• Authorities detained eight senior Ueno executives, while prosecutors charged 27 bank officials and business associates with offences including breach of trust and attempted fraud. (1a9fcf26-2888-42d1-a60d-a87e9be721a2; 6a7cfdff-4180-4d66-8fa9-72edb2875df9)· 2 sources