Paraguay appoints the president of the central bank against the background of the crisis.
The president of Paraguay, Pedro Eliana, on Monday (9) appointed economist Jorge Schreiner to command the central bank. The appointment comes after the crisis caused by the collapse of Oano Bank and still needs approval from Congress.
Schreiner was a member of the board of the Monetary Authority until 1999 and chaired the Securities Committee for ten years, until 2013.
The crisis caused by digital banking has left about 3 million Paraguayans without access to an account. The affair led to the fall of the president of the Central Bank at the time, Carlos Carvalho, and the removal of the head of the National Executive at the time, Santiago Peña.