trending Market Intelligence /marketintelligence/en/news-insights/trending/rTROe5xeRHE54SyttZ_7NQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Report: Banco Itapúa, Financiera Rio resume merger talks

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Report: Banco Itapúa, Financiera Rio resume merger talks

Talks for a potential merger between Paraguay's Banco Itapúa S.A.E.C.A. and Financiera Rio SA have resumed, 5 días reported citing sources from both banks.

Discussions to combine the two banks reportedly stalled on Dec. 18, 2018. However, the banks have resolved issues to allow talks to push ahead, the newspaper said.

Any potential deal would still need approval from Paraguay's banking regulator.

If the two were to merge, the combined bank would have some US$519.7 million in total assets and US$398.2 million in total deposits.