Banco PyME Ecofuturo
 | This article relies largely or entirely on a single source. (November 2024) |
| Company type | Public |
|---|---|
| Industry | Banking, Financial services |
| Predecessor | Ecofuturo S.A. (1999) |
| Founded | 1999 (as Ecofuturo F.F.P. S.A.) |
| Headquarters | , |
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)[1] |
| Total equity | $59.6 million (2024)[2] |
Number of employees | 1,403 (2024)[1] |
| 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
[edit]1999 – Beginning
[edit]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
[edit]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
[edit]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
[edit]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
[edit]As of 2024, Banco PyME Ecofuturo offers its services through 136 Financial Care Points, in eight of Bolivias nine departments.[3][2] Its financial services offered include:
- Credit cards
- Saving accounts
- Microfinance
- Productive sector loans
External links
[edit]References
[edit]- ^ a b "Memoria anual 2023" [Annual Report 30 June 2024] (PDF) (in Spanish). Banco PyME Ecofuturo S.A. Retrieved 2024-11-04.
- ^ a b 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