Paraná Banco
in Brazil 🇧🇷
Crypto-Friendliness
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About Paraná Banco in Brazil
Paraná Banco is a Brazilian multiple bank specializing in payroll-deductible loans (crédito consignado), investment services, and insurance products. Founded in 1979 as part of the JMalucelli Group, the bank has evolved from a regional finance company into a national institution serving over 1.2 million customers across Brazil. With over 45 years in the financial market, Paraná Banco is recognized as one of the pioneers in payroll-deducted credit in Brazil.
The institution operates as a banco múltiplo with portfolios in commercial banking, credit, financing, and investments. Its core focus is on providing credit solutions to retirees and pensioners from the Brazilian Institute of Social Security (INSS) and public sector employees, maintaining a customer-centric approach guided by its purpose to "transform financial solutions into smiles."