Paraná Banco

Paraná Banco S.A.
Sociedade Anônima
Traded as BM&F Bovespa: PRBC4
Industry Financial Services
Founded 1979
Headquarters Curitiba, Brazil
Key people
Alexandre Malucelli, (Chairman)
Jorge Nacli Neto, (CEO)
Products Banking
Revenue Increase US$ 288.4 million (2012)
Decrease US$ 95.9 million (2012)
Total assets Increase US$ 1.8 billion (2013)
Parent JMalucelli
Website www.paranabanco.b.br

Paraná Banco is a small bank founded in 1979 by Grupo JMalucelli, a Brazilian conglomerate based in Curitiba.

Paraná Banco is a commercial bank specializing in consigned credit discount on payroll, loans to public employees and one of the first banks in Brazil close agreement with the INSS (Brazilian Social Insurance Program), providing credit to retirees and pensioners., also has operations for Middle Market and reinsurance.

The Bank comprises a national network of about 670 correspondent banks and more than 700 formal agreements, providing the efficiency needed to maintain asset quality, rates of growth and profitability achieved in recent years.

References

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