The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.


all page content

all page content

Main body page content


  • Santiago Peña helped secure Paraguay’s relentless upward trajectory while minister of finance – now he has switched to the private sector and has the perfect perspective to judge the outlook for the Mercosur countries.
  • The country’s biggest banks have kept profits up by keeping banking simple and benefiting from enviable net interest margins. But are they too conservative for their own – and the economy’s – good?
  • Paraguay’s bright young things are trying to transform the country’s economy. A dogged commitment to macroeconomic stability means that a commodity slump and recessions in its two big neighbours have not derailed growth.