Paraguay president steps down after digital bank Ueno collapses with 3 million customers inside
· techspot.com · popularity 20/100 · 0 similar stories today · Corporate News & M&A (Business & Finance)
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Summary
The warning signs went back months. ABC Color, a leading Paraguayan newspaper, reported in June that central bank inspectors found a pattern of risky insider lending. Ueno had lent large sums to owner-linked companies beyond legal limits and without enough collateral to cover the debts if they went bad. Read Entire Article
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