Banco Continental S.A.E.C.A.’s $100 Million Loan

Nicholson y Cano, Ferrere and Berkemeyer advised on the deal

IFC provided a five-year US$100 million loan to Banco Continental SAECA in Paraguay to support the expansion of access to finance to SMEs and agribusiness. Working with Continental since 2008, IFC is also supporting the bank in its digital transformation.

Banco Continental S.A.E.C.A. provides banking products and services in Paraguay. The company was founded in 1980 and is headquartered in Asuncion, Paraguay.

In Argentina, Nicholson y Cano advised the International Finance Corporation with Mariano Fabrizio (Picture) and Gonzalo Rivas Orozco.

In Paraguay, Ferrere advised the IFC with Néstor Loizaga and Juan Da Silva Bernal.

Berkemeyer advised Banco Continental S.A.E.C.A. with Hugo Berkemeyer, Manuel Arias, Paola Sapienza and Milena Sljivich.

Involved fees earner: Manuel Arias – Berkemeyer Attorneys & Counsellors ; Hugo Berkemeyer – Berkemeyer Attorneys & Counsellors ; Milena Sljivich – Berkemeyer Attorneys & Counsellors ; Juan Da Silva – Ferrere Attorneys; Néstor Loizaga – Ferrere Attorneys; Mariano Fabrizio – Nicholson & Cano Abogados; Gonzalo Rivas Orozco – Nicholson & Cano Abogados;

Law Firms: Berkemeyer Attorneys & Counsellors ; Ferrere Attorneys; Nicholson & Cano Abogados;

Clients: Banco Continental S.A.E.C.A.; International Finance Corporation;

Author: Ambrogio Visconti.