Banco Continental
in Paraguay 🇵🇾
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About Banco Continental in Paraguay
Banco Continental is a leading private commercial bank in Paraguay and one of the largest financial institutions in the country. As of 2014, it positioned itself as the number one bank in net placements among both domestic and foreign capital banks operating in Paraguay.
The bank is part of Grupo Continental, which also includes Seguros Patria (insurance) and NBC Bank. It operates as a Sociedad Anónima Emisora de Capital Abierto (S.A.E.C.A.), meaning it is a publicly-traded corporation authorized to issue shares, bonds, and securities through the Asunción Stock Exchange.
Banco Continental holds approximately 19.8% of Paraguay's loan market share, making it the largest bank in the country by loan portfolio. It specializes in commercial banking, business financing, personal banking, and has a particular strength in financing the construction and agricultural sectors.