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Banco Para el Fomento a Iniciativas Economicas S.A. (Bolivia)

Main Activities: Commercial Banking
Full name: Banco Para el Fomento a Iniciativas Economicas S.A. Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Banco Para el Fomento a Iniciativas Economicas S.A. is a bank located in La Paz. The company was incorporated on an unspecified date. The bank offers comprehensive financial solutions primarily to the micro and small business sector. Their main focus is on providing quality services to their customers. The bank aims to be the preferred choice for their clientele and to be recognized by society and internationally for their ethical business model, quality, and social responsibility. They prioritize financial inclusion in their operations.

Headquarters
Av. 6 de Agosto N2652 esq. Gosalvez, Zona Sopocachi
La Paz; La Paz;

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Website: http://www.bancofie.com.bo

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
August 01, 1997
Key Executives
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Vice President of the Board Directors
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Deputy Chairman of the Management Board
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Substitute Director
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General Manager
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Financial Manager
Ownership Details
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53.94%
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10.81%
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10.4%
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6.92%
Company Performance
Financial values in the chart are available after Banco Para el Fomento a Iniciativas Economicas S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BOB. Absolute financial data is included in the purchased report.
Net interest income
8.85%
Operating profit (EBIT)
-1.61%
Net Profit (Loss) for the Period
11.13%
Total assets
13.74%
Deposits from customers
-42.28%
Total equity
9.12%
Total Assets Trend
5.99%
Net Interest Income Trend
-9.64%
Cost to Income Ratio
-3.81%
Loans to Deposits Ratio
-5.62%
Loans to Asset Ratio
-3.7%

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