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Mmastodon BusinessBanking first seen 6 d ago, last 5 d ago, peak #1

Paraguay bank collapse wipes out half of savers' deposits

Original: Paraguay bank collapses with half of population’s savings | Business and Economy | Al Jazeera https://www. aljazeera.com

Ueno Bank in Paraguay has collapsed, reportedly holding savings worth around half of the population's deposits. Protests have erupted across the country following the bank's shutdown, with savers demanding answers and access to their money. The crisis is drawing attention to the stability of Paraguay's banking sector and the risks facing ordinary depositors.

Why now: People are reacting to the scale of the collapse and the protests erupting across Paraguay.

Ueno BankParaguay

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Rank over time, top of the chart is #1. 19 snapshots from 6 d ago to 5 d ago.

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API: https://socialmediatrends-api.osmike.com/v1/trends/4958971