# How a digital bank’s collapse toppled Paraguay’s president

https://mins.news/en/item/134784

- Reuters, 2026-11-08 21:10 UTC
- World
- Original: https://www.reuters.com/business/finance/how-digital-banks-collapse-toppled-paraguays-president-2026-11-08/?link_source=ta_bluesky_link&taid=6af0e52e2a145b00011d98ce

> For years, Paraguay’s homegrown digital bank ueno was hailed as a success, drawing roughly half the country’s people to open accounts and giving many their first chance to have a bank account.

## Related coverage

- [Paraguay digital bank collapse leaves millions out of pocket](https://mins.news/en/video/139438) — Reuters, 2026-11-11
- [Ueno Bank scandal plunges Paraguay into political crisis](https://mins.news/en/item/133069) — DW, 2026-11-06
- [Why is Paraguay facing a banking and political crisis?](https://mins.news/en/item/132963) — Al Jazeera, 2026-11-06