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Banco Continental S.A.E.C.A. (Paraguay)

Main Activities: Commercial Banking
Secondary Activities: Credit Card Issuing
Full name: Banco Continental S.A.E.C.A. Profile Updated: May 25, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Spanish Download a sample report

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.

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

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

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Ratings:
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Incorporation Date:
November 10, 1980
Key Executives
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President
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General Manager
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General Manager
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Vice President
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Manager of Market Relations
Ownership Details
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51.7%
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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%
Company Performance
Financial values in the chart are available after Banco Continental S.A.E.C.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PYG. Absolute financial data is included in the purchased report.
Net interest income
-10.09%
Net fee and commission income
-5.24%
Operating profit (EBIT)
-21.25%
Net Profit (Loss) for the Period
-24.99%
Total assets
9.16%
Deposits from customers
-17.64%
Total equity
13.95%
Total Assets Trend
2.42%
Net Interest Income Trend
-1.86%
Cost to Income Ratio
6.41%
Loans to Deposits Ratio
-8.63%
Loans to Asset Ratio
-7.27%

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