The banking crisis affected customers across Paraguay after Ueno Bank’s solvency ratio fell below 50%, prompting authorities to intervene and begin the bank’s liquidation. Thousands of customers were unable to access their deposits, while the bank had nearly three million customers, turning a financial failure into a nationwide political emergency.
The Paraguayan Chamber of Deputies faced pressure to open impeachment or political-trial proceedings against Peña in connection with the crisis. The allegations described in the reporting included poor performance of his duties and conflicts of interest. The available accounts differ over whether Peña resigned before the scheduled vote or after the congressional session had begun, so the precise sequence remains unresolved.
Clarín reported that Peña lost support within the governing Partido Colorado before or during his resignation. The newspaper also reported that former Colorado Party presidents Horacio Cartes and Nicanor Duarte had withdrawn their backing, while the party’s congressional bloc was prepared to support the political trial. Those details come from a single supplied report and are therefore presented as attributed claims rather than independently established facts.
The political accusations were also connected to Peña’s earlier relationship with the bank. Clarín reported that he had held shares in a group controlling Ueno Bank and had severed that connection in 2025; the newspaper said the relationship was relevant to conflict-of-interest allegations. The evidence supplied does not establish the allegations as proven.
The crisis had a public-finance dimension as well. Euronews reported that Ueno Bank held approximately $850 million in public funds, including money associated with Paraguay’s Social Security Institute. The bank’s failure therefore raised concerns beyond private deposits, although the supplied evidence does not establish the precise cause or full amount of the reported accounting shortfall.
Clarín reported that Vice President Pedro Alliana was to succeed Peña for the remainder of the term. The succession claim is supported in the supplied material by that report alone. Taken together, the bank intervention, blocked access to deposits, impeachment pressure and reported loss of governing-party support produced a broader institutional and political crisis in Paraguay, according to the multi-source reporting.