MercoPress. South Atlantic News Agency

Paraguay seeks to return part of the savings frozen at Ueno Bank within 24 hours

Paraguay’s Senate on Wednesday approved a reform of the deposit guarantee law that would allow customers of Ueno Bank, taken over by the Central Bank on Tuesday, to receive an advance of up to 40 minimum wages, about 121 million guaraníes, within 24 hours of the bank’s resolution. The bill now goes to the Chamber of Deputies, which was due to consider it on Thursday. Read full article