Deposit Guarantee - La Caribeña News

Paraguay

Paraguay Pays the Pension Fund First When a Bank Fails. Guyana's Scheme Excludes Pension Funds From Cover.

Paraguay pays the Instituto de Previsión Social, its equivalent of Guyana's National Insurance Scheme, before other depositors when a bank's assets are sold. Guyana's section 36 makes pension funds ineligible. A prosecutor says the fund's money at ueno bank went from US$12 million to US$364 million.

Nov 07, 2026 Theon Alleyne

Paraguay’s President Signed the Law to Pay ueno Bank’s Depositors Faster on Wednesday. On Thursday the Chamber Impeached Him 78-0.

Santiago Peña promulgated Ley 7745 on 4 November 2026, letting the Fondo de Garantía de Depósitos advance up to 40 minimum wages to ueno bank's depositors. The Cámara de Diputados impeached him 78-0 the next day. The full guarantee of 75 minimum wages still runs to its 17 November deadline.

Nov 05, 2026 Theon Alleyne

Paraguay Dissolved Its Fifth-Largest Bank. Cover Stops at G.228,300,000 a Depositor, and Above That the State Pension Fund Is Paid First.

The Banco Central del Paraguay dissolved ueno bank on 2 November after its solvency ratio fell below half the required minimum. Deposits are guaranteed to 75 times the monthly minimum wage, about US$38,600. Above that, the state pension fund is paid first.

Nov 04, 2026 Theon Alleyne