How Ueno, the Paraguayan bank that promised customers 40% cashback, went bust

Regulators shut down the lender after losses tied to lending to affiliated companies left it unable to meet solvency requirements
This is a brief. The reporting belongs to El País (English) — read the complete story, with full context and credits, at the source.
Read the full story at El País (English) ↗english.elpais.com
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