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Banco Itaú Paraguay

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Banco Itaú Paraguay S.A.
Company typeSubsidiary
IndustryFinance and Insurance
Founded1978
HeadquartersAsunción, Paraguay
Key peopleJose Britez Infante, (CEO)
ProductsBanking
Insurance
RevenueIncrease US$ 226.8 million (2018)
Net incomeIncrease US$ 116 million (2018)
Total assetsIncrease US$ 3.3 billion (2018)
Number of employees847 (2018)
ParentItaú Unibanco
Websitewww.itau.com.py

Banco Itau Paraguay S.A. was founded in 1978 as Interbanco SA. property of National Bank of Brazil. In 1995 was acquired by Unibanco Group. As a result of the merger between Unibanco and Banco Itaú in 2008, was renamed Banco Itaú Paraguay S.A in 2010. Itau is considered the biggest bank in Paraguay. Jose Britez Infante assumed as CEO in late 2020 replacing Brazilian Andre Gailey, it is the first time a Paraguayan holds this position.

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