The Central Bank of Paraguay ordered the intervention of the digital bank Ueno Bank after finding that its solvency index fell to less than half the minimum required. The crisis caused the blocking of public resources and the savings of millions of customers. The decision, announced in the early hours of Tuesday (3/11), was taken unanimously by the board of directors of the Central Bank and led to the immediate suspension of all Ueno Bank services. Ueno Bank customers reported that they were unable to carry out ATM transactions or access internet banking services. Ueno Bank manages more than US$800 million (around R$4.4 billion) in public resources, including approximately US$380 million (around R$2.1 billion) invested by the Social Security Institute of Paraguay, responsible for the state pension system. The Paraguayan Deposit Guarantee Fund covers deposits of up to 228 million guaranis per person (around R$211 thousand), which is equivalent to 75 minimum wages. Customers with deposits exceeding this limit will have to wait for the final balance prepared by the Banking Superintendency. Read the full report about the government intervention in Ueno Bank.