Sudameris Bank Secures $120 Million Loan to Boost Paraguay Expansion

Sudameris Bank Secures $120 Million Loan to Boost Paraguay Expansion

2025-07-03 companies

Asunción, Thursday, 3 July 2025.
Bladex led a $120 million syndicated loan for Sudameris Bank to enhance SME and corporate financing, joining 10 banks to support significant economic growth in Paraguay.

Bladex Secures Landmark Syndicated Loan

Banco Latinoamericano de Comercio Exterior, S.A. (Bladex, NYSE: BLX), headquartered in Panama, spearheaded a significant financial initiative by leading a USD 120 million syndicated loan to bolster Sudameris Bank’s expansion ambitions within Paraguay [1][3][4]. This initiative is notable for involving ten financial institutions, six of which are engaging with Sudameris for the first time, highlighting a vote of confidence in Paraguay’s economic landscape [1][3].

Economic Impacts of the Loan

The execution of this loan stands as a strategic leap forward in enhancing regional economic development, primarily aimed at expanding financial services to small and medium-sized enterprises (SMEs) and corporate sectors within Paraguay [2]. This amplification of credit avenues is projected to propel Sudameris Bank as a pivotal player in the economic upliftment of the region [4]. Such growth is expected to contribute significantly to solidify Paraguay’s reputation as a reliable destination for international financial investments [3].

Strategic Vision and Partnership

The transaction underlines a robust strategic partnership forged between Bladex and Sudameris Bank. It underscores Bladex’s commitment to supporting long-term growth and establishment of Sudameris as a cornerstone institution within the Paraguayan financial ecosystem [1][2]. According to Jorge Salas, CEO of Bladex, the collaboration embodies Bladex’s dedication to constructing sustainable financial solutions that drive comprehensive economic development across Latin America [1].

Sudameris Bank’s Continued Expansion

Sudameris Bank, a dominant entity in Paraguay serving both corporate and SME sectors, welcomes this loan as a catalyst for its continued expansion [2][4]. The bank plans to use these resources to broaden credit access, fostering competitive growth not only locally but also regionally [2][3]. Conor McEnroy, Chairman of Sudameris Bank, expressed gratitude for Bladex’s leadership and its crucial role in helping Sudameris enter a new phase of institutional growth [1].

Sources


Sudameris Bank Bladex