# Paraguay’s president resigns after bank crisis freezes millions’ savings

https://mins.news/en/item/131329

- The Guardian, 2026-11-05 18:48 UTC
- Politics
- Original: https://www.theguardian.com/world/2026/nov/05/paraguay-president-santiago-pena-resigns

> Santiago Peña resigned as president amid political pressure after Ueno Bank’s insolvency led the central bank to freeze deposits belonging to 3 million customers. Opposition lawmakers and members of Peña’s own Colorado party had sought to impeach him over the collapse.

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