Banco de Crédito de Bolivia
 | |
| Sociedad Anónima | |
| Founded | 1994 |
| Headquarters | La Paz, Bolivia |
Key people |
|
| Products | Consumer banking, corporate banking, credit cards, investment banking, mortgage loans mutual funds. |
| Revenue |
 Bs. 535 million (2013)[1] |
|
Bs. 117 million (2013)[1] | |
|
Bs. 87.20 million (2013)[1] | |
| Total assets |
 Bs. 11.58 billion (2013)[1] |
Number of employees | 1,666 (2013)[1] |
| Parent | Banco de Crédito del Perú |
| Website |
www |
Banco de Crédito de Bolivia (abbreviated as BCP) is a banking and financial services company located in the South American country of 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
Banco Italiano
Banco de Credito del Peru (BCP) was incorporated on April 3, 1889, as a limited company under the name of Banco Italiano. The bank started its operations on April 9, 1889. Two decades later, the bank opened new branches in the cities of Callao, Chincha Alta, Arequipa and Mollendo. Banco de Italia was renamed on January 21, 1942, calling it Banco de Crédito del Perú.[5]
Acquisition by Credicorp
In 1995, the bank was acquired by Credicorp, Peru's largest holding company. The company is listed on the New York Stock Exchange and it has five subsidiaries, including Banco de Crédito del Perú, which is its largest company. Credicorp's additional divisions offer a wide range of services including private equity investment services and insurance services.[6]
Acquisition of Banco Popular
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.[7]
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.[8]
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:[9]
- Retail banking: Offers Transactional accounts, savings accounts, debit cards, credit cards, mortgages and personal loans.
- Business banking: Offers business bank accounts, savings, mortgages and loans.
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.[10]
Corporate affairs
Board of directors
- Dionisio Romero Paoletti (Chairman)[1]
- Walter Bayly Llona (Vicepresident)[1]
- 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 |
Avion Pirata
One of the bank's branches is located inside a famous airplane, the local legend Avion Pirata.[11]
References
- 1 2 3 4 5 6 7 8 9 10 11 "Memoria Anual 2013 (Annual Report 2013)" (PDF) (in Spanish). Banco dd Crédito de Bolivia. Retrieved 12 August 2015.
- ↑ "Oficinas" (in Spanish). Banco de Crédito de Bolivia. Retrieved 12 August 2015.
- ↑ "Cajeros" (in Spanish). Banco de Crédito de Bolivia. Retrieved 12 August 2015.
- ↑ "Los más grandes, los mejores" (in Spanish). Revista Independiente. Retrieved 12 August 2015.
- ↑ "Perú: Historia del Banco Italiano" (in Spanish). Il Messaggero Italo-Peruviano. Retrieved 12 August 2015.
- ↑ "History and Development of the Company for Credicorp". Wikinvest. Retrieved 12 August 2015.
- ↑ "Descripción de la empresa" (PDF) (in Spanish). Banco de Crédito del Perú. Retrieved 12 August 2015.
- ↑ "Nuestro Banco" (in Spanish). Banco de Crédito de Bolivia. Retrieved 12 August 2015.
- ↑ "Memoria Annual 2002 (Annual Report 2002)" (PDF) (in Spanish). Banco de Crédito de Bolivia. Retrieved 12 August 2015.
- ↑ "Credibolsa S.A. Agencia de Bolsa" (PDF) (in Spanish). Bolsa Boliviana de Valores. Retrieved 12 August 2015.
- ↑ "Cajeros Automáticos. AMARILLAS. Directorio de Empresas de Bolivia. Cajeros Automáticos en AMARILLAS, Páginas Amarillas de Bolivia. – www.boliviaentusmanos.com". Boliviaentusmanos.com. Retrieved 2014-03-10.