Report from Asunción: payments to Ueno Bank savers start
The Central Bank of Paraguay (BCP) began the return of deposits to Ueno Bank customers, which was involved in solvency problems. At this first stage, payments are directed to savers with deposits up to $1,600 provided they have no debts to the entity and have an account in another bank to receive the funds. According to data disseminated by the authorities, the process involves more than 720,000 accounts and will be carried out gradually. Customers with higher amounts must wait for the next stages of the return plan. Our correspondent Flavia Borja
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Report from Asunción: payments to Ueno Bank savers start — Image credit: France 24 (Español)
The Central Bank of Paraguay (BCP) began the return of deposits to Ueno Bank customers, which was involved in solvency problems. At this first stage, payments are directed to savers with deposits up to $1,600 provided they have no debts to the entity and have an account in another bank to receive the funds. According to data disseminated by the authorities, the process involves more than 720,000 accounts and will be carried out gradually. Customers with higher amounts must wait for the next stages of the return plan. Our correspondent Flavia Borja
