Penttia Group
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Leading Paraguayan bank with investment
PGM-0002

Leading Paraguayan bank with investment

Score 5/5
Country
Paraguay
Transaction value
USD 1.2B
Transaction type
M&A

Sector

Financial Services

Sub-industry

Commercial and Corporate Banking.

Years in operation

45+ years

Stage

For sale

Executive summary

The institution is an open-capital public limited company that provides a wide range of financial products and services. It offers personal and business banking solutions.

Founded in 1980, the institution has maintained a leading role in the Paraguayan financial system over the last decade. It was the first Paraguayan entity to receive an investment from the World Bank and to be listed on international stock markets. It has a solid network of nearly 70 offices across the country. With a loan portfolio of Gs. 24,368,799 million, it ranks second in the country's banking system and has shown a portfolio growth of 22.06% by the end of 2023, surpassing the system's average.

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