Total
USD $0.00
 
Paraguay

Company Overview of Banco Continental S.A.E.C.A.

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

Banco Continental was founded on November 10, 1980. In 2004, with the acquisition of a shareholding package by a group of Paraguayan investors, Banco Continental began a process of restructuring to meet the primary objective of offering bank business-oriented excellence and personal banking. Today, it occupies a position of indisputable leadership in the field of financial banking, positioning itself as the number one bank in net placements between domestic 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 offices distributed throughout the Paraguayan territory. The bank began an internationalization phase in 2009, when the World Bank became a shareholder of Banco Continental and in this way became the first Paraguayan bank to receive an investment from this institution, thus consolidating relations at international level . As a follow-up to its strategic business plan, the bank marked another historical milestone in the Paraguayan financial system, with the purchase of 100% of NBC Bank Brasil S.A. shares in the city of Porto Alegre in Rio Grande do Sul, Brazil. In this way, the bank consolidated the commercial relationship between Paraguay and Brazil, stimulated by the important corporate advantages that Paraguay gives to regional and global economies.

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: Credit Card Issuing
Contact Information

Headquarters
Av. Mariscal. Lopez 3233
Asuncion; Distrito Capital;

Tel: +595-21-627-

Email:
@bancontinental.com.py, call.center@bancontinental.com.py

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

Basic Information
Total Employees:
1,303 (2017)
Outstanding Shares:
Provided in the purchased report
Registered Capital:
Provided in the purchased report
Financial Auditors:
Provided in the purchased report
Ratings:
Provided in the purchased report
Incorporation Date:
November 10, 1980
Key Executives
Provided in the purchased report
President
Provided in the purchased report
General Manager
Provided in the purchased report
Financial Manager
Provided in the purchased report
Administrative Manager
Provided in the purchased report
Commercial Manager
More
Ownership Details
Chivatos S.A.
51.7%
Carlos Raul Espinola Almada
20.3%
Subsidiaries
Novo Banco Continental S.A. - Banco Multiplo (Brazil)
99.99%
Patria S.A. de Seguros y Reaseguros
64.05%
Bepsa del Paraguay S.A.E.C.A.
23.32%
More
M&A deals (Not included in report)

Report contents

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

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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
-5.64%
Net fee and commission income
5.7%
Operating profit (EBIT)
-9.62%
Net Profit (Loss) for the Period
9.21%
Total assets
4.02%
Loans and advances to customers
Deposits from customers
6.94%
Total equity
13.55%
Total Assets Trend
-6.28%
Net Interest Income Trend
16.46%
Cost to Income Ratio
4.32%
Loans to Deposits Ratio
Loans to Asset Ratio
* Growth figures are affected by the currency rate changes.
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