Paraguay’s rightwing president resigns after savings of millions of people are frozen in banking crisis
Santiago Peña’s administration had authorised Ueno Bank to drastically expand its operations before its collapse Paraguay’s rightwing president, Santiago Peña, resigned on Thursday after a political and financial crisis collapsed the South American country’s banking system in recent days. At the centre of the crisis…
Covered by 9 sources from 7 countries. First reported by Al Jazeera ·
How 9 newspapers cover this story
Paraguay bank collapses with half of population’s savings
Protests have erupted across Paraguay after Ueno Bank was shut down in the middle of the night over a solvency crisis.
Ueno Bank collapse in Paraguay sparks political crisis for President Peña
The accounting black hole at Ueno Bank is draining public funds, leaving thousands unable to access their deposits and pushing Paraguay into its worst institutional crisis in years.
· Ueno Bank collapse in Paraguay prompts President Santiago Peña to resign
· Paraguayan president resigns amid bank collapse leaving 3M people without access to bank accounts
How one bank’s collapse is upending Paraguay, trapping savings and threatening its president
The collapse of Ueno Bank has left savers scrambling for their money and Paraguay’s president facing calls for impeachment
· Paraguay President Santiago Peña resigns following bank collapse
Paraguay's President Santiago Pena resigns amid a bank crisis that froze millions of customers' accounts and sparked protests
Paraguay's President Santiago Pena has resigned amid a crisis over his ties to collapsed lender Ueno. Millions of customers' accounts are frozen, with public pension and health care funds also tied up.
Paraguay President Santiago Peña resigns
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 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 takeover of a bank linked to Peña blocked millions of people, including pensioners, from accessing their money.
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.
Paraguay’s rightwing president resigns after savings of millions of people are frozen in banking crisis
Santiago Peña’s administration had authorised Ueno Bank to drastically expand its operations before its collapse Paraguay’s rightwing president, Santiago Peña, resigned on Thursday after a political and financial crisis collapsed the South American country’s banking system in recent days. At the centre of the crisis…
- PunchNigeria
Paraguay president resigns after bank takeover sparks protests
Paraguayan President Santiago Pena has resigned after the state takeover of a bank linked to him blocked millions of depositors from accessing their money. Read More: https://punchng.com/paraguay-president-resigns-after-bank-takeover-sparks-protests/
Coverage details
9 outlets from 7 countries are covering this story: Al Jazeera, Euronews, ABC News, DW and 5 more. Al Jazeera published it first, on November 5, 2026; the last outlet to join was Punch, 15 hours later.
Key names in the coverage: Paraguay, Santiago Peña and Ueno Bank.
By country: United States (2), United Kingdom (2), Qatar (1), Europe (1), Germany (1), France (1), Nigeria (1). In total 14 articles have been published, because some outlets updated the story several times.
