Paraguay returns some savings to all Ueno Bank depositors

Paraguay's Central Bank announced on Wednesday that it has partially returned savings to all eligible Ueno Bank depositors following the digital lender's collapse and seizure. The Central Bank said "100 percent" of Ueno clients entitled to a deposit guarantee fund had received at least part of their money back.

However, Ueno executives and shareholders do not qualify for the guarantee fund. The number of individuals affected by the crisis surpasses the number of Ueno's direct clients, which held over $800 million in public funds. The digital bank's takeover on November 3 led to the impeachment and arrest of ex-president Santiago Pena, who is linked to Ueno.