FINEXPAR

FINEXPAR | Financial Institution

finexpar.com.py

Finexpar is a solid financial Institution in Paraguay, founded in 1989 and regulated by the Central Bank since then. Since 2012, it has transformed from a small family business to a leader financial institution, managed by a team of highly recognized banking professionals.

Finexpar is focused on reaching unattended productive SMEs, monitoring social outreach though three Social Development goals (SDGs) targets included in annual Environmental and Social impact report. Its competitive advantage comes from proximity to customers thanks to permanent visits, which allows to offer solutions adapted to their needs with flexibility and agility.

Currently reaching more than 8,500 clients, 5,800 borrowers and 1,200 farmers, it has become one of the leader funders of the Agricultural sector in Paraguay. Finexpar has increased strongly its financing to agricultural activities in the last two years, reaching EUR 75 million in June 2022, supporting farmers and agro SMEs to grow their business with a flexible product offer.

ENVIRONMENT

FINEXPAR is demonstrating a growing environmental and social commitment, having recently been admitted as a member of the Sustainable Finance Board of Paraguay. It is also establishing specific investment goals in green loans for the coming years.

It has an environmental and social risk system under which it evaluates its credits. All clients’ environmental risk is assessed through SARAS system, helping high-risk clients in the adoption of mitigation & adaptation plans. All clients must have a valid license from the Ministry of Environment.