Paraguay president resigns after Ueno Bank collapse

What happened before and after this story. Background events not previously covered were summarised by AI.

1. 15 Aug 2023Background

   Santiago Peña is sworn in as president of Paraguay after April election win

   Santiago Peña of the Colorado Party took office as Paraguay's president on 15 August 2023, after winning the April general election.

2. 3 NovBackground

   Paraguay's central bank puts Ueno Bank under external management

   On 3 November 2026 Paraguay's central bank placed Ueno Bank under external administration, freezing accounts held by about three million customers.

3. 

   5 Nov

   Paraguay's president resigns days after Ueno Bank collapse freezes accounts

   President Santiago Peña says he has stepped down, two days after Ueno Bank was put under external control and about three million accounts were frozen.