Banks, finance companies and insurers

BANCO GNB PARAGUAY S.A.

Who owns it

Banco GNB Sudameris (Colombia) 55.98 %, FVD Paraguay S.A. 44 %

Ultimate owner: Jaime Gilinski (beneficial owner of the Colombian parent through Gilex Holding, Grupo Financiero GNB and Starmites, all Panama) and the Vierci family through FVD Paraguay (Antonio Juan Vierci Mendoza 44.44 %, Ana María Yakisich de Vierci 41.72 %, Retail S.A. 10.40 %)

  • Banco GNB Sudameris 55.98 % → Gilex Holding 90.05 % → Grupo Financiero GNB 58.22 % / Starmites 41.78 % → Jaime Gilinski
  • FVD Paraguay 44 % → Vierci family

Former HSBC Paraguay (2013) and BBVA Paraguay (2021).

Source: Banco GNB Paraguay, nómina de accionistas (2026-01-21; confidence high).

Rating and auditor (2026)

AA+py

Fix SCR, outlook estable. Auditor: PriceWaterHouseCoopers. Local scale ("py"): AAApy is the strongest in Paraguay, not a global rating.

Per employee (599 staff)

Profit per employee, last 12 monthsUSD 157 k
Deposits per employeeUSD 5.7 M
Loans per employeeUSD 5.6 M

Who it lends to

Agriculture22 %
Wholesale trade21 %
Industry10 %
Consumer loans (households)9 %
Services9 %
Retail trade9 %
Cattle5 %
Construction4 %
Financial sector3 %
Mortgages (households)3 %
Public administration2 %
Real estate2 %
Other1 %

2026-09, share of USD 3.4 bn lent.

Accounts

Assets

USD 4.6 bn
₲ 26.8 tn
2026-09 · +29 % in a year in USD (+7 % in ₲)
2016-012026-09

Liabilities

USD 4.0 bn
₲ 23.1 tn
2026-09 · +29 % in a year in USD (+7 % in ₲)
2016-012026-09

Equity

USD 645 M
₲ 3.8 tn
2026-09 · +30 % in a year in USD (+8 % in ₲)
2016-012026-09

Deposits

USD 3.4 bn
₲ 20.0 tn
2026-09 · +24 % in a year in USD (+3 % in ₲)
2016-012026-09

Net loans

USD 3.4 bn
₲ 19.7 tn
2026-09 · +31 % in a year in USD (+9 % in ₲)
2016-012026-09

Profit, year to date

USD 72.7 M
₲ 424 bn
2026-09
2016-012026-09

Pre-tax profit, year to date

USD 80.9 M
₲ 472 bn
2026-09 · +60 % in a year in USD (+33 % in ₲)
2016-012026-09

Staff

599
2026-09 · +3 % in a year
2016-012026-09

Branches

21
2026-09 · +0 % in a year
2016-012026-09

ATMs

51
2024-11 · +0 % in a year
2016-012024-11

Tier 1 capital / risk-weighted assets

15.2 %
2026-09
2016-012026-09

Bad loans (past due / total)

3.0 %
2026-09
2016-012026-09

Return on assets (ROA)

2.3 %
2026-09
2016-012026-09

Return on equity (ROE)

18.8 %
2026-09
2016-012026-09

Liquidity (cash and short investments / deposits)

25.3 %
2026-09
2016-012026-09

Cost / operating margin

38.9 %
2026-09
2016-012026-09

Charts of money are in US dollars, each month at the central bank's month-end rate; the guaraní figure is under each dollar amount. Source: Banco Central del Paraguay (monthly returns, unaudited until the year closes).