Banco de Crédito de Bolivia

Banco de Crédito de Bolivia is one of Bolivia's most well known banks. It prides itself on its customer service and its continuous technological innovation.

It is a subsidiary of Banco de Crédito de Peru (BCP), which itself is a part of Credicorp, one of the largest financial conglomerates in Latin America.

Services

Banco de Crédito de Bolivia offers personal and business banking service. Personal services include checking accounts, accounts, debit cards, credit cards, fixed term deposit accounts, savings accounts, loans, mortgages and insurance.

Personal checking and savings accounts are available in bolivianos and in US dollars.

The bank offers in person services at a branch. Banking transactions can also be made over the phone, on the internet, at an ATM and on a cell phone.

Some stores, pharmacies and other local business have BCP agents. If you have an account with Banco de Crédito de Bolivia, you can use a BCP agent to withdraw or deposit money, pay your bills or exchange foreign currency. Some businesses with BCP agents allow you to pay off loans and credit cards, check the balance on your credit card, cash your paycheck and make foreign money transfers.

Automatic debits can be made from your checking account, savings account or credit card.

A premium service is available for customers with good credit.

The bank provides businesses with checking accounts, saving accounts and credit cards. Business owners can transfer money, make mass payments, check the movement of stocks and receive advice online.

Banco de Crédito de Bolivia allows businesses to make transfers of foreign money.

A collection service, Credicargo, will automatically debit customer accounts.

Employers can use Banco de Crédito de Bolivia to pay their employees’ salaries via the internet.

History

Banco de Crédito de Peru, the parent company of Banco de Crédito de Bolivia, was founded in 1889 and was then known as Banco Italiano until 1941, when it was renamed Banco de Crédito de Peru in 1941.

Banco de Banco de Crédito de Bolivia began operating in the Bolivian Market in 1994, after acquiring Banco Popular de Bolivia.

Banco de Crédito de Bolivia began operations under its new name in 1994.

In 1995, BCP, Atlantic Security Bank and Pacifico Peruana Suiza, a Peruvian insurance company, merged to form Credicorp.

In 1998, Banco de Crédito de Bolivia acquired Banco do La Paz and in 1999, it acquired Banco Boliviano Americano.

In June 2010, Bolivia’s Association of Private Banks (Asoban), and the supervising authority of Bolivia’s financial system (Asfi) guaranteed the financial solidity of Banco de Crédito de Bolivia after rumors that the bank was about to declare bankruptcy were circulated.