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2 clusters · 6 sources · 2 days · First seen · Last updated

Bolivian banking sector stability and institutional changes

Overview

The Bolivian banking sector has demonstrated improved liquidity and solvency, driven by increased deposits according to the Central Bank of Bolivia. While delinquency rates have remained contained, the Central Bank noted that high active interest rates continue to pose challenges for businesses and consumers seeking credit.

In a specific institutional development, BancoSol announced a shareholder transition. The Bolivian investment group Inversiones Continental Equity Group S.A. acquired a 17.99% stake from a group of international impact investment funds. This move, supported by existing major shareholders, is intended to strengthen the bank’s solidity and its mission of inclusive finance.

Entities

FMO · Aristimuño Herrera & Asociados · Bancosol · Inversiones Continental Equity Group S.A. · Esteban Altschul

Timeline

  1. 2 days ago

    [BUSINESS] 2 sources
    BancoSol acquires new Bolivian shareholder

    Bolivian investment group Inversiones Continental Equity Group S.A. has acquired a 17.99% stake in BancoSol from international impact funds.

  2. 4 days ago

    [BUSINESS] 4 sources
    Bolivian banking system shows improved liquidity despite high interest rates

    Bolivia's banking system saw improved liquidity and solvency in the first half of the year, though high interest rates continue to limit investment and consumer credit access.

Sources

2001online.com · asuntoscentrales.com · laregiontam.com.mx · noticias24hrs.com.ve · rtpbolivia.com.bo · sce.bo