From MercoPress · · 40s
Paraguay Central Bank Under Pressure
Paraguay's Central Bank faces scrutiny over lenders' solvency concerns.
In brief
Paraguay's Central Bank faces scrutiny over lenders' solvency concerns. Paraguay's Central Bank must report on lenders' solvency after senators urged leadership changes. Originally reported by MercoPress.
Central Bank Pressure
Paraguay's Central Bank faces scrutiny over lenders' solvency concerns.
Association Request
The Association of Banks of Paraguay asked the Central Bank to report on solvency of institutions in merger processes.
Senate Pressure
Senators urged President Santiago Peña to remove Central Bank leadership amid solvency concerns.
Ueno Bank Concerns
Ueno Bank attracted public deposits quickly, raising solvency doubts among lenders.
The bottom line
Paraguay's Central Bank must report on lenders' solvency after senators urged leadership changes.
