A specific sector of the Paraguayan economy that has been growing steadily is the banking sector. In 2013, both loans and bank deposits showed a tremendous annual growth.
On the credit side there was an increase of 17% over the same period last year. The Banks operating in Paraguay with the highest loan portfolio are: Continental, Regional, Itaú and BBVA (in that order).
These include individual participation in the credit market that exceed 10% of the total portfolio system. Moreover, the amount of loans placed on the market for each of the above mentioned banks, in September 2013 exceed US1billion dollars.
On the other hand, deposits in the Paraguayan banking system increased intra-annual by 18%, almost similar growth after the claims1.