Politics
Paraguay President Santiago Peña resigns after Ueno Bank collapse triggers impeachment push
November 5, 2026 at 05:27 PM
4 reports · 1 in Arabic, 3 in English · over 4 hours
AJAl Jazeera English
Paraguay President Pena resigns in wake of bank collapse
(opens the publisher’s site)
BNBBC News
Paraguay President Santiago Peña resigns
(opens the publisher’s site)
CNCNN
President of Paraguay resigns amid crisis over collapse of digital bank
(opens the publisher’s site)
يواليوم السابع
أزمة مصرفية تهز باراجواي.. تجميد حسابات 2.9 مليون شخص واستقالة رئيس البنك المركزى
(opens the publisher’s site)Paraguay's President Santiago Peña resigned on Thursday after the collapse of Ueno Bank froze 2.9 million accounts and lawmakers moved to impeach him.
- Peña announced his resignation on social media, saying he acted to preserve the country's stability and public institutions.
- Ueno Bank, Paraguay's sixth-largest financial institution, was taken over by the central bank after a solvency crisis, leaving 2.9 million customers without access to their savings.
- Paraguay's lower house of congress voted to pursue impeachment proceedings against Peña before his resignation.
- Central bank chief Carlos Carvallo resigned Tuesday following the intervention, and Peña appointed economist Raúl Vera Bogado as his successor.
- Vice President Pedro Alliana is set to take office as president following Peña's resignation.
- Lawmakers accused Peña of conflicts of interest, misuse of pension funds, and institutional cover-ups linked to Ueno Bank's insolvency.