AGP Executive Report
Last update: 11 hours agoBanking Crisis: Paraguay’s central bank has taken control of Ueno Bank after its capital fell below legal requirements, freezing services for nearly three million customers and putting up to $850 million in public funds at risk. The deposit guarantee covers eligible savings up to about $38,000 per depositor; an initial payment of up to ₲10 million is expected by Friday. Political Fallout: Opposition lawmakers have filed impeachment charges against President Santiago Peña over alleged conflicts of interest and the bank’s collapse. Congress is due to consider the motion Thursday, as the central bank’s chief and other senior officials have resigned. Asunción: The city orchestra performs a free concert tonight at the Municipal Theatre, featuring works by Schubert and Scriabin. Flood Preparations: Officials have designated five temporary shelters in Bañado Sur as they prepare for possible river flooding linked to El Niño.
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