Total
USD $0.00
 
Paraguay

Company Overview of Banco Atlas S.A.

An EMIS Company Report EMIS is an ISI Emerging Markets Group Company Company Description

The history of Banco Atlas began in 1989, was born as a financial institution named CRISTAL FINANCIERA S.A. at a time when the Paraguayan financial system would have several structural changes, mainly due to the liberalization and reduction of financial repression, according to the new times. With a larger goal and long-term projections, in 1997 it changed its company name to ATLAS S.A. DE FINANZAS. This change was made in order to become an Issuer of Open Capital and participate in the Stock Market. With the new corporate name, the By-Laws were changed, being renamed FINANCIERA ATLAS S.A.E.C.A. On December 7, 2010, according to resolution No. 14 issued by the Central Bank of Paraguay, the social transformation of the entity FINANCIERA ATLAS S.A.E.C.A. was approved in order to become a Bank and is granted the license to operate under the corporate name BANCO ATLAS S.A. This new challenge meant the consolidation of an experienced Human Resources staff that, under the Bank's principles, values ​​and convictions, offers a different option to the general public with products and services tailored to each individual. In October 2011 BANCO ATLAS S.A., in an absorption process merges with BANCO INTEGRACION S.A. and with the experience of both entities it achieves a greater strengthening in the National Financial System, in addition to incorporating a network of Branches that allows it to offer opportunities of access of its products and services to more Paraguayans.

Need a report on this company? USD 29.95 Industry: Commercial Banking Available in: English & Spanish Format: PDF Download Most recent financial data: 2017 Buy full report

Report contents

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NAICS Industry Classification
Main Activities: Commercial Banking
Secondary Activities: International Trade Financing | Trust, Fiduciary, and Custody Activities | Direct Property and Casualty Insurance Carriers
Contact Information

Headquarters
Quesada esq. Tte. Zotti, Edificio Atlas Center, Piso 7
Asuncion; Distrito Capital ;

Tel: +595-21-217-

Email:
@atlas.com.py

Website:
http://www.bancoatlas.com.py/

Basic Information
Total Employees:
478 (2017)
Financial Auditors:
Provided in the purchased report
Ratings:
Provided in the purchased report
Incorporation Date:
1989
Key Executives
Provided in the purchased report
President
Provided in the purchased report
Vice President
Provided in the purchased report
Vice President
Provided in the purchased report
Syndic
Provided in the purchased report
Chief Accountant
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Ownership Details
Graciela Pappalardo de Zuccolillo
18.34%
Andrea Zuccolillo Pappalardo
13.61%
Jorge Mendelzon Libster
13.61%
Maria Adelaida Zuccolillo Pappalardo
13.61%
Miguel Angel Zaldivar Silvera
13.61%
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Subsidiaries
Pronet S.A.
16.78%
Bancard S.A.
7.14%

Report contents

On purchasing the report for this company you will have access to a PDF containing the most recent data for Banco Atlas S.A. from the EMIS database.

To give you a clear idea of the information provided, you can download a sample report for a different company below.

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Key Financial Highlights
Annual growth percentages* for latest two years in USD terms. Absolute financial data is included in the purchased report.
Net interest income
8.02%
Net fee and commission income
14.13%
Operating profit (EBIT)
13.39%
Net Profit (Loss) for the Period
27.88%
Total assets
23.14%
Loans and advances to customers
Deposits from customers
21.14%
Total equity
15.14%
Total Assets Trend
-11%
Net Interest Income Trend
-2.03%
Cost to Income Ratio
0.09%
Loans to Deposits Ratio
Loans to Asset Ratio
* Growth figures are affected by the currency rate changes.
Company News (Not included in report)
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