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Press release
October 6, 2025
Street view of Sudameris Bank

FinDev Canada, FMO, JICA and Proparco commit USD 370 million to Sudameris Bank to advance sustainable finance and SME growth in Paraguay

Press Release

Canada’s bilateral Development Finance Institution, FinDev Canada, the Dutch Entrepreneurial Development Bank, FMO, Japan International Cooperation Agency, JICA, and a subsidiary of Agence Française de Développement, Proparco, announce the signing of a USD 370 million syndicated loan facility to Sudameris Bank S.A.E.C.A. (or “Sudameris Bank”), the second-largest commercial bank in Paraguay.