Banco BISA explained

Banco BISA S.A.
Type:Sociedad Anónima. Also Subsidiary of Grupo Financiero BISA
Traded As:BBV

BIS

Key People:Julio Cesar León Prado (Chairman), Julio Jaime Urquidi Gumucio (Vice President)
Industry:Banking, Financial services
Products:Consumer banking, corporate banking, credit cards, insurance, investment banking, mortgage loans, risk management.
Revenue: Bs. 651 million (2014)[1]
Operating Income: Bs. 440 million (2014)
Net Income: Bs. 292 million (2014)
Assets: Bs. 16.71 billion (2014)
Num Employees:2,033 (2014)
Parent:Grupo Financiero BISA S.A.
Homepage:https://www.bisa.com
Foundation:5 July 1963
Location:La Paz, Bolivia

Banco BISA S.A., formerly known as Banco Industrial S.A. is a Bolivian banking and financial services company headquartered in La Paz. Founded on 5 July 1963, Banco BISA became Bolivia's third largest bank by assets.[2] The bank provides its products and services through operating 66 banking centers,[3] 280 ATMs, call centers, and online and mobile banking platforms.

The bank is a division of Grupo Financiero BISA S.A., a group which comprises BISA Seguros y Reaseguros S.A., an insurance and reinsurance division, La Vitalicia Seguros y Reaseguros de Vida S.A., which specializes in life insurance, BISA Leasing S.A., a leasing entity BISA Agencia de Bolsa S.A., a brokerage house and BISA Sociedad Administradora de Fondos de Inversión S.A., which specializes in the investment and administration of funds.[4]

History

Banco BISA was founded on 5 July 1963 as Banco Industrial S.A. (BISA). Later the bank changed its business name to Banco BISA S.A. The bank expanded its network of branches shortly after its founding. Currently, the bank operates in all nine departments of Bolivia including in small towns such as Copacabana, Puerto Suárez and Yacuíba.

In 2015, Banco BISA inaugurated its new regional headquarters in the city of Cobija. The new headquarters is the first green building in the Pando Department and one of the few in the nation.[5]

Businesses

Banco BISA offers a wide range of financial services and products to a diversified individual and corporate customer base including savings accounts, credit cards, mortgages, commercial loans, investment management and microfinance services.

Corporate affairs

Board of directors

[6]

External links

Notes and References

  1. Web site: Memoria Anual 2014 (Annual Report 2014). . Spanish . 13 August 2015 . Banco BISA . PDF.
  2. Web site: Los más grandes, los mejores . https://web.archive.org/web/20130723062126/http://www.in.com.bo/2013/04/los-mas-grandes-los-mejores-2012/ . dead . 23 July 2013 . Spanish . Información Independiente . 13 August 2015.
  3. Web site: Buscar Agencias o Cajeros Automáticos . Spanish . Banco BISA . 13 August 2015 . 8 February 2014 . https://web.archive.org/web/20140208050805/http://bisa.com/buscarPuntoAtencion.php . dead .
  4. Web site: Grupo Financiero BISA S.A. . Spanish . Banco BISA . 13 August 2015.
  5. Web site: Banco BISA inaugura un edificio ecológico en Cobija . Spanish . Los Tiempos . 13 August 2015 . https://web.archive.org/web/20150707203108/http://www.lostiempos.com/diario/actualidad/economia/20150424/banco-bisa-inaugura-un-edificio-ecologico-en_299316_661113.html . 7 July 2015 . dead .
  6. Web site: Memoria Anual 2013 – Directorio . Spanish . Banco BISA . PDF . 12 August 2015.