Quick Facts
LIFESPAN
Unknown - Unknown
ROLE
Bank Founder
APPEARS ON
1 banknote
Historical Figure (1880s)
Adalberto Schmied
Co-founder of early Paraguayan banking institutions.
Biography
Adalberto Schmied was one of the founders of early banking institutions in Paraguay during the 1880s. He appears alongside Hércules Ponzini on the 5 Pesos Fuertes banknote, reflecting his role in establishing the financial infrastructure that Paraguay needed to rebuild after the War of the Triple Alliance. The early banks were crucial in providing credit and facilitating commerce during the reconstruction period.
Historical Significance
Schmied helped establish the financial infrastructure needed for Paraguay's economic recovery.
Featured on Banknotes
5 Pesos Fuertes
1880-1890
Features portraits of bank founders Adalberto Schmied and Hércules Ponzini.