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Corporate Profile

About Us

At Cambios Yrendague S.A. we work every day to deliver trust, security and regulatory compliance in the Paraguayan foreign exchange market.

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Our history

Growing together since 1998

We began operations in July 1998 and have since established ourselves as a relevant partner for the foreign exchange sector in Paraguay. We operate under the authorization of the Central Bank of Paraguay and are headquartered in Ciudad del Este.

Our strategic location has allowed us to build a solid regional service network. Today we are able to serve both individuals and companies with the same quality and commitment.

01

Incorporation and authorization

Since July 1998, Cambios Yrendague S.A. has operated under the official authorization of the Central Bank of Paraguay, backing every transaction with security.

02

Our home and local presence

Our head office is in downtown Ciudad del Este, and service is also available at our branches and sub-branches in Hernandarias and Nueva Esperanza.

03

Our identity

Yrendague comes from Guaraní and means “place where there was water”. To us, it stands for our roots, our transparency and the strength that binds us to our people.

Mission

Financial service with integrity and quality

We provide financial solutions with personalized service, operational security and transparency in every transaction carried out with our institution.

Vision

Sustained leadership in our foreign exchange market

We aspire to establish ourselves as a benchmark in Paraguay for exchange operations and financial solutions, maintaining high standards of service, regulatory compliance and institutional responsibility.

Shareholder register

Shareholder composition

In keeping with our commitment to transparency, Cambios Yrendague S.A. makes its shareholder composition available to the financial system, its clients and the general public:

Lucas Mereles

Principal Shareholder

Shareholding
50%
Nationality
Paraguayan

Miguel Ramirez

Principal Shareholder

Shareholding
50%
Nationality
Paraguayan

This information is published at the request of the Superintendency of Banks, pursuant to Article 34, paragraph 9, contained in Article 1 of Law No. 6104/2018, which amends Law No. 489/95, the Organic Law of the Central Bank of Paraguay.

Our track record

Operational scale and service coverage

  • 28 Years
  • 7 Branches
  • 5 Services

AML policy

Our compliance and prevention framework

Financial security is a priority for us. We have a rigorous Manual for the Prevention of Money Laundering and Terrorist Financing, as well as Procedures Manuals and a Code of Ethics. We strictly comply with all regulations in force in the country.

Management pillars

  1. Rigorous prevention of money laundering and terrorist financing.
  2. Well-documented operations and roles for greater clarity.
  3. Strict adherence to our Code of Ethics and Conduct.
  4. Ongoing audits to make sure we comply with the law at all times.