- 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.
