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Construction works
Flickr / Gerardo Pesantez / World Bank
Banco Regional is specialized in financial services for agriculture and livestock farming and is Paraguay’s leading bank. Proparco’s support will allow it to finance agricultural and agro-industrial companies.
Client presentation
Banco Regional was set up in 1991 in Paraguay and is the country’s largest bank. Its leading position is the result of its alliance with the Dutch group Rabobank in January 2008, followed by the takeover of the subsidiary of ABN AMRO in October 2009. The bank is specialized in financial services for the agriculture and livestock raising sectors. These sectors account for 54% of its portfolio. Banco Regional is based on a network of 38 branches, which are mainly located in the south of the country and in rural areas.
Project description
Proparco’s credit line will be earmarked to finance agricultural and agro-industrial companies. It will allow Banco Regional to meet increasing needs for medium and long-term financing in Paraguay’s agricultural and agro-industrial sectors.
Project impact
This project will contribute to the development of agriculture and the agro-industry in Paraguay. This sector employs 30% of the working population and accounts for 22% of the country’s GDP. It will support the development of the agricultural supply chain and increase incomes for communities who are dependent on agriculture and the agro-industry.
Download the project sheet
05/27/2011
Date of signature of the project
Banks and Financial services
Sectors
Paraguay
Location
Loan
Financing tool
21 030 494 Euros
Amount of funding
Loan of USD 30 M
Financing details
Banco Regional SAECA
Client
PPY1001
Project number