Banks, finance companies and insurers

BANCO CONTINENTAL S.A.E.C.A.

Who owns it

Widely held (listed on the Asunción exchange since 1993)

Ultimate owner: No controlling shareholder published; executive chairman Carlos Raúl Espínola is described as the largest shareholder; President Santiago Peña bought 12,084 shares in 2025

Merged with Banco Río (2025).

Source: FIX rating 2023; Bloomberg Línea 2022; Última Hora 2026 (2023-2026; confidence low).

Rating and auditor (2026)

AAApy

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

Per employee (1,542 staff)

Profit per employee, last 12 monthsUSD 157 k
Deposits per employeeUSD 4.1 M
Loans per employeeUSD 4.5 M

Who it lends to

Wholesale trade17 %
Services13 %
Industry13 %
Agriculture11 %
Retail trade9 %
Cattle7 %
Consumer loans (households)7 %
Financial sector6 %
Construction5 %
Public administration5 %
Real estate3 %
Other2 %
Mortgages (households)2 %

2026-09, share of USD 6.3 bn lent.

Accounts

Assets

USD 9.8 bn
₲ 57.0 tn
2026-09 · +38 % in a year in USD (+15 % in ₲)
2016-012026-09

Liabilities

USD 8.6 bn
₲ 50.3 tn
2026-09 · +38 % in a year in USD (+15 % in ₲)
2016-012026-09

Equity

USD 1.2 bn
₲ 6.8 tn
2026-09 · +37 % in a year in USD (+14 % in ₲)
2016-012026-09

Deposits

USD 6.3 bn
₲ 36.9 tn
2026-09 · +44 % in a year in USD (+20 % in ₲)
2016-012026-09

Net loans

USD 7.0 bn
₲ 40.7 tn
2026-09 · +29 % in a year in USD (+8 % in ₲)
2016-012026-09

Profit, year to date

USD 174 M
₲ 1.0 tn
2026-09
2016-012026-09

Pre-tax profit, year to date

USD 193 M
₲ 1.1 tn
2026-09 · +32 % in a year in USD (+10 % in ₲)
2016-012026-09

Staff

1,542
2026-09 · +8 % in a year
2016-012026-09

Branches

57
2026-09 · +0 % in a year
2016-012026-09

ATMs

196
2024-11 · +0 % in a year
2016-012024-11

Tier 1 capital / risk-weighted assets

11.9 %
2026-09
2016-012026-09

Bad loans (past due / total)

1.6 %
2026-09
2016-012026-09

Return on assets (ROA)

2.6 %
2026-09
2016-012026-09

Return on equity (ROE)

26.1 %
2026-09
2016-012026-09

Liquidity (cash and short investments / deposits)

32.5 %
2026-09
2016-012026-09

Cost / operating margin

37.8 %
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).