# Paraguay President Resigns After Impeachment Vote

> Paraguayan President Santiago Peña resigns as lawmakers vote 78-0 to impeach him over Ueno Bank collapse.
- Title: Paraguay President Resigns After Impeachment Vote | Shortify
- Summary: Paraguayan President Santiago Peña resigns as lawmakers vote 78-0 to impeach him over Ueno Bank collapse.
- Keywords: paraguay, santiago pena, impeachment, ueno bank, central bank, paraguayan president, lawmakers, resignation, democratic institutions, political crisis, Dallas Express
- Source: Dallas Express — https://dallasexpress.com/national/paraguay-president-resigns-as-lawmakers-vote-78-0-to-impeach
- Author: Dallas Express
- Published: 2026-11-05T18:25:55+00:00
- Read time: 1 min
- Topics: paraguay, santiago pena, impeachment, ueno bank, central bank, paraguayan president, lawmakers, resignation, democratic institutions, political crisis, news, politics
## President Resigns
Paraguayan President Santiago Peña announced his resignation Thursday as the collapse of Ueno Bank sparked demonstrations and a political crisis.

> I wanted to preserve political stability and protect democratic institutions
## Impeachment Vote
The Chamber of Deputies voted 78-0 to advance impeachment charges against Peña and Vice President Pedro Alliana.
## Ueno Bank Collapse
Ueno Bank, serving 60% of Paraguay’s adult population, collapsed after central bank intervention disrupted access to accounts for 3 million customers.
## Central Bank Resolution
The Central Bank of Paraguay began a formal resolution process for Ueno after its solvency ratio fell below half the legal minimum.
## Public Deposits
Ueno held approximately $800 million in public deposits, including funds tied to Paraguay’s pension and health systems.
## Deposit Guarantees
Paraguay’s central bank started payments to depositors with no more than 10 million guaraníes in Ueno deposits and no debt to the bank.
## Key takeaway

Paraguay's president resigned after lawmakers voted 78-0 to impeach him following Ueno Bank's collapse that affected 3 million customers.