Banco Continental SAECA
Banco Continental SAECA
About

Banco Continental, was founded on November 10, 1980.

In 2004, with the acquisition of the share package by a group of Paraguayan investors, it began a restructuring process to respond to the primary objective of offering banking services of excellence oriented towards companies and people banking.

Today, it occupies the role of undisputed leadership in the field of financial banking, positioning itself as the number 1 bank in net loans between national and foreign capital banks, according to the report issued by the BCP as of August 31, 2014.

It has a wide territorial coverage, with almost 70 service offices distributed throughout the Paraguayan territory. It offers products and services to the most important productive, commercial, cooperative and social zones of the country, as well as to those who from the exterior maintain close financial relationships with their clients through international trade. It also offers various financing options and high-quality services in its people banking, deposits collection, investment project financing and investment advisory based on the support of solid research work in the macroeconomic and corporate area. In this way, all the financial requirements of the clients are grouped into a single source of services.

Thus, their Bank supports the dynamics of the local market, offering greater solvency, infrastructure and human resources with a vast knowledge of the banking business.

They started the internationalization stage in 2009, by incorporating the World Bank as a shareholder of Banco Continental. They became the first Paraguayan bank to receive an investment from this institution, thus consolidating relations at an international level.

In 2012, they specified the issuance of bonds in the international market for US $ 200 million, in a notorious process in which the demand practically doubled the expectations of their executives. The bonds were issued through the Luxembourg Stock Exchange and the investments come from cities in the United States, Europe and Latin America. Through this fact, they managed to become the first Paraguayan capital entity to be listed on the international stock exchanges.

As a follow-up to their strategic business plan, they marked another historic milestone in the Paraguayan financial system, having completed the purchase of 100% of the shares of NBC Bank Brasil SA, from the city of Porto Alegre in Rio Grande do Sul, Brazil. In this way, they strengthen the commercial relationship between Paraguay and Brazil, stimulated by the important corporate advantages granted by their country to the regional and global economies.

They are a Public Limited Company of Open Capital (SAECA) and as such, they can issue Shares, Bonds and Securities through the Stock Exchange and Asunción Products (BVPASA), qualifying for this purpose in the National Securities Commission (CNV).

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Company Offices

  • Paraguay
  • Asuncion
  • Avda. Mcal. López Nº 3233