3 million people suddenly unable to withdraw their money overnight! Paraguay’s digital bank shut down 💥
▫️Central bank’s surprise resolution: Ueno Bank placed under administration; app, cards, and ATMs all suspended
▫️It claims to have over 3 million customers—nearly half the country’s population
▫️Around US$380 million in social security funds are tied up there
▫️Eight executives are wanted; the chairman has surrendered to police
Can a digital bank turn into an ATM overnight? Would you dare put all your savings in one bank? (Not investment advice)
#巴拉圭 #银行危机 #UenoBank
▫️Central bank’s surprise resolution: Ueno Bank placed under administration; app, cards, and ATMs all suspended
▫️It claims to have over 3 million customers—nearly half the country’s population
▫️Around US$380 million in social security funds are tied up there
▫️Eight executives are wanted; the chairman has surrendered to police
Can a digital bank turn into an ATM overnight? Would you dare put all your savings in one bank? (Not investment advice)
#巴拉圭 #银行危机 #UenoBank
