Banco de Crédito de Bolivia

Banco de Crédito de Bolivia S.A.
Company typeSociedad Anónima
BBV: BTB
Founded1994; 30 years ago (1994), by merger of Banco Popular into Banco de Credito del Peru
HeadquartersLa Paz, Bolivia
Key people
ProductsConsumer banking, corporate banking, credit cards, investment banking, mortgage loans mutual funds.
RevenueDecrease Bs. 535 million (2013)[1]
Decrease Bs. 117 million (2013)[1]
Decrease Bs. 87.20 million (2013)[1]
Total assetsIncrease Bs. 11.58 billion (2013)[1]
Number of employees
1,666 (2013)[1]
ParentBanco de Crédito del Perú
Websitewww.bcp.com.bo

Banco de Crédito de Bolivia (abbreviated as BCP) is a banking and financial services company located in Bolivia. It is headquartered in La Paz and is a wholly owned international subsidiary of Banco de Crédito del Perú, Peru's largest bank. BCP Bolivia started its operations in the country following BCP's acquisition of the Bolivian bank Banco Popular. BCP Bolivia provides its products and services through operating 102 branches,[2] 240 ATMs,[3] call centers, and online and mobile banking platforms. Banco de Crédito de Bolivia is currently Bolivia's fourth largest bank by total assets.[4]

History

In 1994, Banco de Crédito del Perú acquired the Bolivian bank "Banco Popular" and renamed it to Banco de Crédito de Bolivia S.A.. The acquisition of Banco Popular allowed Banco de Crédito del Perú to begin businesses and operations in Bolivia. BCP Bolivia became a wholly owned subsidiary of Bance de Crédito del Perú.[5]

Acquisition of Banco de La Paz

In 1998, Banco de Crédito del Perú announced its intentions to acquire the Bolivian bank "Banco de La Paz", through its subsidiary BCP Bolivia. The acquisition of the bank further expanded the bank's presence in Bolivia and added a significant number of branches in other regions of the country.

In 1999, BCP Bolivia announced the acquisition of the bankrupt "Banco Boliviano Americano". BCP Bolivia acquired the bank's operations and its headquarter buildings.[6]

Operations

Personal banking

BCP Bolivia's personal banking division serves customer individuals, business individuals and small businesses. This financial product was composed of the following areas:[7]

Credibolsa

Credibolsa is a subsidiary of BCP Bolivia that provides financial advisory services and brokerage in the Bolivian stock market for the buying and selling of long-term debt or equity-backed securities. It also provides financial consulting and offers investment management among other services.[8]

Corporate affairs

Board of directors

Peru *Dionisio Romero Paoletti (Chairman)[1]

Peru *Walter Bayly Llona (Vice president)[1]

Peru *Jorge Mujica Gianoli (General manager)[1]

Shareholders

Institutions Capital (Bs.) Shares held % held
Banco de Crédito del Perú 282,320,000 14,116 95.84
Credicorp 12,000,000 600 4.07
Inmobiliaria BCP S.A. 80,000 4 0.03
Solución Empresa Administradora Hipotecaria S.A. 80,000 4 0.03
Empresa Financiera Edyficar S.A. 80,000 4 0.03

[1]

Avion Pirata

One of the bank's branches was once located inside a famous airplane, the local legend Avion Pirata.[9]

References

  1. ^ a b c d e f g h i j k "Memoria Anual 2013 (Annual Report 2013)" (PDF) (in Spanish). Banco dd Crédito de Bolivia. Retrieved 12 August 2015.
  2. ^ "Oficinas" (in Spanish). Banco de Crédito de Bolivia. Archived from the original on 15 August 2015. Retrieved 12 August 2015.
  3. ^ "Cajeros" (in Spanish). Banco de Crédito de Bolivia. Archived from the original on 5 September 2015. Retrieved 12 August 2015.
  4. ^ "Los más grandes, los mejores" (in Spanish). Revista Independiente. Archived from the original on 23 July 2013. Retrieved 12 August 2015.
  5. ^ "Descripción de la empresa" (PDF) (in Spanish). Banco de Crédito del Perú. Retrieved 12 August 2015.
  6. ^ "Nuestro Banco" (in Spanish). Banco de Crédito de Bolivia. Archived from the original on 20 August 2015. Retrieved 12 August 2015.
  7. ^ "Memoria Annual 2002 (Annual Report 2002)" (PDF) (in Spanish). Banco de Crédito de Bolivia. Retrieved 12 August 2015.
  8. ^ "Credibolsa S.A. Agencia de Bolsa" (PDF) (in Spanish). Bolsa Boliviana de Valores. Retrieved 12 August 2015.
  9. ^ "Cajeros Automáticos. AMARILLAS. Directorio de Empresas de Bolivia. Cajeros Automáticos en AMARILLAS, Páginas Amarillas de Bolivia. – www.boliviaentusmanos.com". Boliviaentusmanos.com. Archived from the original on 2014-02-27. Retrieved 2014-03-10.