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Banco Itau Paraguay S.A. (Paraguay)

Main Activities: Commercial Banking
Secondary Activities: Direct Life Insurance Carriers | Direct Health and Medical Insurance Carriers | Direct Property and Casualty Insurance Carriers
Full name: Banco Itau Paraguay S.A. Profile Updated: May 16, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

The company appears in the Paraguayan financial market as Interbanco S.A. since March 1978. In 1995 it became part of the Unibanco - Uniao Group of Brazilian Banks S.A., which decided to bet on the growth and expansion of the country. It thus adopted the solid support of one of the leading banks in South America and the most reliable banks in the world. In November 2008, Unibanco and Itau announced their merger to give rise to Itau Unibanco Holding S.A. Since July 2010 Interbanco S.A. becomes Banco Itau Paraguay S.A., a member of the Holding Company and offers its clients the advantages and benefits of a global company with the firm commitment to value and maintain the wealth of the things that make us unique as Paraguayans. The bank has full service branches in Asuncion, San Lorenzo, Nemby, Mariano R. Alonso, Ciudad del Este, Encarnacion, Santa Rita, Caaguazu, Philadelphia, San Cristobal and Katuete. In addition to Itau Express points and points of the Payment Network, Itau has the largest ATM network in the country, with more than 280 ATMs strategically located throughout Paraguay. The two major business segments; Consumer Banking and Corporate Banking make available to its clients various financial alternatives, designed to facilitate the way of transacting and developing business. Each bank has a structure that allows it to meet the expectations of its clients. The Consumer Banking is made up of a coordination for Urban Agencies and another for Interior Agencies, the Interclass segment from which premium products and services are offered, the Specialized Business Unit, the Payment and Microfinance Network and the Intelligence Management Business and Telemetry that accompanies the entire business. Corporate Banking is made up of the Companies, Large Companies and Institutional, Financial Advisory, Agribusiness and Intelligence and Telemetry units corresponding to this bank.

Headquarters
Oliva 349, Asuncion
Asuncion; Distrito Capital;

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Website: http://www.itau.com.py/ sitemap

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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Incorporation Date:
October 14, 1976
Key Executives
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President
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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99.997%
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0.003%
Subsidiaries
Bancard S.A.
7.14%
Company Performance
Financial values in the chart are available after Banco Itau Paraguay S.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
13.04%
Net fee and commission income
15%
Operating profit (EBIT)
12.89%
Net Profit (Loss) for the Period
17.08%
Total assets
4.47%
Deposits from customers
36.29%
Total equity
2.73%
Total Assets Trend
-3.92%
Net Interest Income Trend
-25.78%
Cost to Income Ratio
-0.13%
Loans to Deposits Ratio
7.7%
Loans to Asset Ratio
5.82%

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