Paraguay’s central bank placed Ueno Bank into resolution after the lender’s solvency ratio fell below half the legal minimum. The move allows regulators to transfer deposits to more stable banks before liquidating remaining assets. Ueno says it has about 3 million customers and manages $800 million to $850 million in public funds, including $380 million from the state pension and health fund.
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How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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