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List of Commercial banks in Paraguay

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Paraguay’s banking sector is essential to its economy. It provides key financial services for individuals and businesses. Recent growth and modernization have strengthened the sector, making it crucial for economic development and financial inclusion.

Role of Paraguay’s Banking Sector

 The banking sector in Paraguay is a foundational element of the nation’s financial infrastructure, driving capital formation, investment, and trade. It provides essential services like lending, savings, and payment processing, which are critical for the smooth functioning of the economy. The sector is instrumental in advancing agricultural and industrial growth, both of which are key pillars of Paraguay’s economic landscape. By mobilizing savings and directing them into productive investments, the banking system plays a significant role in fueling the country’s economic development and prosperity.

Bank Name Headquarters Bank Sector Bank Revenue (PYG) Bank Revenue (USD) Contact Details
Banco Nacional de Fomento (BNF) Asunción Public  1.2 trillion 0.00013 trillion Tel: +595 21 413 9000
Banco Continental S.A.E.C.A Asunción Private  3.5 trillion 0.00052 trillion Tel: +595 21 413 5000
Banco Itaú Paraguay S.A. Asunción Private  3.1 trillion 0.00039 trillion Tel: +595 21 617 1000
Banco Regional S.A.E.C.A Ciudad del Este Private 2.8 trillion 0.00039 trillion Tel: +595 21 416 6000
Banco Basa S.A. Asunción Private  1.5 trillion 0.00026 trillion Tel: +595 21 618 7000
Visión Banco S.A.E.C.A Asunción Private  1.2 trillion 0.0001 billion Tel: +595 21 414 3000
Banco Familiar S.A.E.C.A Asunción Private  900 billion 0.118 billion Tel: +595 21 618 6000
Banco Sudameris S.A.E.C.A Asunción Private  850 billion 0.1121 billion Tel: +595 21 620 5000
Banco Bilbao Vizcaya Argentaria Paraguay S.A. (BBVA) Asunción Private  800 billion 0.105 billion Tel: +595 21 618 0000
Banco Amambay S.A. (BASA) Asunción Private  700 billion 0.0923 billion Tel: +595 21 448 3000

Paraguay’s banking sector is essential for economic growth. It provides vital financial services to individuals and businesses. To fully realize its potential, the sector must expand access to banking services and strengthen its regulatory framework.

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