Carlos Raúl Espínola

August 13, 2021 | 09:50 AM
  • Sector: Finance
  • Company: Banco Continental
  • Country: Paraguay

Carlos Raúl Espinola, the CEO of Banco Continental (Paraguay), is the largest shareholder and leads the financial institution, which during 2020 was a major promoter of loans to various sectors in the midst of the pandemic. Its total loan portfolio reached US$2,094 million, placing it as the top lender in Paraguay. In 2020, Continental placed US$300 million in bonds on the New York Stock Exchange. The company also owns Patria Seguros, the processing company Bepsa, and Avalon Casa de Bolsa.