 | This article relies largely or entirely on a single source. Please help improve this article by introducing citations to additional sources. Find sources: "Banco PyME Ecofuturo" – news · newspapers · books · scholar · JSTOR (November 2024) |
| Company type | Public |
|---|---|
| Industry | Banking, Financial services |
| Predecessor | Ecofuturo S.A. (1999) |
| Founded | 1999; 25 years ago (1999) (as Ecofuturo F.F.P. S.A.) |
| Headquarters | La Paz, Bolivia |
| Area served | Bolivia |
| Products | Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, wealth management, credit cards, |
| Revenue |  Bs. 24.8 million (2023) |
| Total equity | $59.6 million (2024) |
| Number of employees | 1,403 (2024) |
| Parent | FADES |
| Website | www.bancoecofuturo.com.bo |
Banco Pyme Ecofuturo S.A. is a Bolivian financial institution that originated from Ecofuturo S.A. Private Financial Fund, founded in 1999. Ecofuturo was established through the collaboration of four Non-Governmental Organizations (NGOs) dedicated to supporting the development of micro and small enterprises in Bolivia.
History
1999 – Beginning
Ecofuturo S.A. began its operations during a challenging period for the Bolivian economy, from 1999 to 2002, amid a national macroeconomic crisis. Despite initial financial difficulties, the institution achieved financial stability and sustainable growth in the following years.
2008 – primary shareholder
In 2008, shareholder IDEPRO transferred all its shares to Fundación para Alternativas de Desarrollo (FADES), making FADES the primary shareholder of Ecofuturo.
2014 – Transformation to Banco Pyme Ecofuturo
In 2014, Bolivia's Financial Services Authority (ASFI) issued a resolution mandating the transformation of Ecofuturo S.A. into Banco Pyme Ecofuturo S.A., a transition that allowed the institution to expand its services. This transformation enabled Banco Pyme Ecofuturo to offer a broader array of financial products, including trusts, foreign trade services, guarantee bonds, and credit cards.
Current Operations
As of 2020, Banco Pyme Ecofuturo celebrated its 21st anniversary, providing comprehensive financial services focused on meeting the needs of its clients and maintaining a commitment to corporate social responsibility.
Operations
As of 2024, Banco PyME Ecofuturo offers its services through 136 Financial Care Points, in eight of Bolivias nine departments. Its financial services offered include:
- Credit cards
- Saving accounts
- Microfinance
- Productive sector loans
External links
References
- ^ "Memoria anual 2023" [Annual Report 30 June 2024] (PDF) (in Spanish). Banco PyME Ecofuturo S.A. Retrieved 2024-11-04.
- ^ la-razon.com – "Ecofuturo cumple 25 años al servicio de las PyME" (spanish), 02.06.2024
- lostiempos.com – "Ecofuturo Bank enlists innovative services by celebrating its 25 years" (spanish), 23.06.2024