Banco de Crédito de Bolivia S.A.

What Banco de Crédito de Bolivia S.A. does

Banco de Crédito de Bolivia S.A. (BCP) is a Bolivian universal bank, founded in 1994 and operating as a subsidiary of Credicorp S.A. — the largest financial services group in Peru. It is supervised by ASFI (Autoridad de Supervisión del Sistema Financiero) and serves four primary customer segments: Personas (retail individuals), Pymes (small and medium enterprises), Empresas (corporates), and Microcrédito (microcredit). The bank operates the largest service point network in Bolivia, with branches, agents, ATMs, and Café BCP locations across all nine departmental capitals (La Paz, Cochabamba, Santa Cruz, Tarija, Sucre, Potosí, Oruro, Beni, Pando). Underlying the franchise is a multi-channel digital banking infrastructure — Banca Móvil (iOS/Android/Huawei app), Banca por Internet (web), and Credinet Web (corporate banking) — supported by an open API platform, QR payment infrastructure (including Yape integration), and a USDT stablecoin wallet for international dollar transfers.

BCP's revenue model is built on four primary streams: interest income from a full lending book (consumption loans at ~30%, mortgages 5.5-11.5%, vehicle 12.25-21%, corporate and microcredit facilities), commission and fee income from a publicly disclosed tariff schedule covering accounts, transfers, FX, and card transactions, insurance premiums distributed through its Crediseguro S.A. subsidiary, and foreign exchange revenue encompassing USDT transactions, international wires, and Western Union remittances. The product set spans deposit products (multiple savings plans with balances-tiered interest from 0.00001% to 6%, fixed-term deposits up to 4.50%), cards (Clásica, Oro, Signature, Travel, plus a USD prepaid card), insurance (life, multi-risk, vehicle, health, oncology), corporate banking (trade finance, fiduciary, guarantees, payroll), and emerging digital-asset products (USDT account, prepaid card). Its go-to-market combines physical distribution with digital-first onboarding, freemium pricing for digital services, and embedded partnerships with Yape, Visa Plus, Red Enlace ATC, and Western Union.

Name

Banco de Crédito de Bolivia S.A.

Legal name

Banco de Crédito de Bolivia S.A.

Website

https://bcp.com.bo

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Bolivian universal bank and Credicorp S.A. subsidiary, operating the country's largest service point network across retail, SMB, corporate, and microcredit segments, with a full digital banking stack plus USDT and Yape payment products.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro primary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

akta.pro secondary industry

Loan Operations & Servicing (Consumer/SME/Corporate) (FSABALAD)

Keywords

• Retail banking services
• Corporate banking
• Digital banking
• Microcredit lending
• Trade finance services

Headquarters

HQ city

Achumani

HQ country

Bolivia

HQ region

Latin America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Interest Income: Interest income from personal loans, mortgages, vehicle loans, credit cards, business loans, and microcredit operations. Interest rates range from approximately 5.5% to 30% depending on product type.
2. Commission and Fee Income: Commissions from account maintenance, transfers, wire transfers, foreign exchange transactions, credit card transactions, insurance products, and banking service fees as outlined in the comprehensive tariff schedule.
3. Insurance Premiums: Credit life insurance (desgravamen), multi-risk insurance, vehicle insurance, protection insurance, health insurance, and other insurance products offered through Crediseguro S.A.
4. Foreign Exchange Operations: Revenue from USDT transactions, international wire transfers, and foreign currency exchange services.

Pricing tiers

Go-to-market motion1 record

Distribution channels9 records

Marketing channels6 records

Core offering

Banco de Crédito de Bolivia S.A. (BCP) is a Bolivian commercial bank that provides comprehensive financial services across four customer segments: retail individuals (Personas), small and medium enterprises (Pymes), large corporates (Empresas), and microcredit clients. Its offerings include deposit products, personal and commercial loans, mortgages, vehicle financing, credit and prepaid cards, insurance, fixed-term deposits, foreign trade services, fiduciary services, payment solutions (QR and Yape), and USDT digital-asset transactions, delivered through an extensive branch and agent network plus digital channels (Banca Móvil and Banca por Internet).

Product overview

Banco de Crédito de Bolivia S.A. (BCP) operates as a comprehensive financial institution offering a multi-segment banking platform serving individuals, small and medium enterprises (Pymes), and corporate clients. The core banking infrastructure is organized around digital-first channels including Banca Móvil (mobile app for iOS/Android/Huawei), Banca por Internet (internet banking), and Credinet Web (corporate banking platform), which serve as the primary access points for all products. The retail product portfolio spans deposit products (Cuenta de Ahorro with multiple plan variants, Depósito a Plazo Fijo), lending products (Crédito a Tu Medida including personal, housing, and vehicle credits), card products (Tarjeta de Crédito in Signature/Oro/Clásica/Travel tiers, Tarjeta Prepago USD), and insurance (Seguro Múltiple, Vida + Salud, Oncológico, Vehicular, Desgravamen). For business clients, BCP offers Credibank Empresarial, specialized Pymes banking, Comercio Exterior trade finance services, Fideicomisos trust services, and Boletas de Garantía guarantee products. The bank has expanded into digital assets with its Cuenta USDT enabling USDT transactions and international dollar transfers, and mobile payments through Yape and QR BCP. The insurance subsidiary Crediseguro S.A. provides complementary coverage products. All services are supervised by ASFI (Autoridad de Supervisión del Sistema Financiero).

Differentiator

Problem solved

Functional benefit

Products and services

• Banca Móvil Mobile banking application available on iOS, Android, and Huawei App Gallery that enables retail customers to manage accounts, perform transfers, pay bills, apply for loans, control cards, and access USDT transactions.
• Banca por Internet Web-based internet banking platform for retail and business customers to access accounts, perform interbank and international transfers, pay bills and loans, and manage services online.
• Credinet Web Corporate internet banking platform for businesses to manage accounts, execute payment services, pay providers and salaries, and run collection services.
• Tarjeta de Crédito Credit card product family including Signature, Oro, Clásica, and Travel variants offering benefits such as Priority Pass access, installment payments, and travel miles accumulation for retail customers.
• Cuenta de Ahorro Savings account plans including Cuenta Millonaria, CuenTasa, BCP Te Banca, and Interesada, with tiered interest rates (0.00001% to 6%) based on average balance and withdrawal restrictions.
• Depósito a Plazo Fijo (DPF) Fixed-term deposits in Bolivianos and USD with maturity options ranging from 30 to 1100 days, including a digital variant (DPF Digital) with rates from 3.50% to 4.50%.
• Crédito a Tu Medida Personal credit line spanning Crédito Efectivo Digital, mortgage loans (Crédito Hipotecario de Vivienda, Vivienda Social), vehicle loans (Crédito Vehicular Plus), and unsecured housing credits for retail customers.
• Seguros BCP Insurance offerings distributed through BCP including multi-risk (Seguro Múltiple), protection, life plus health, oncology, credit life (desgravamen), vehicle, and microinsurance products underwritten by Crediseguro S.A.
• Cuenta USDT USDT (Tether stablecoin) digital wallet enabling customers to purchase, sell, and transfer USDT for international dollar transfers and for recharging the Tarjeta Prepago BCP, with a 200 USD minimum and weekday operating hours.
• Yape Mobile payment platform enabling peer-to-peer transfers, QR code payments, service payments, and cash withdrawals through a linked bank account.
• QR BCP QR code payment solution integrated with Yape and BCP's proprietary infrastructure for making and receiving payments and collections through the bank's mobile application.
• Banca Pyme BCP Dedicated small and medium enterprise banking service offering specialized accounts, credit facilities, and business management tools for the PyME segment.
• Credibank Empresarial Corporate credit card with expense management capabilities designed for businesses to control and monitor corporate spending.
• Comercio Exterior International trade finance services for corporate clients including letters of credit, import/export collections, international payments, and Stand By letters of credit.
• Fideicomisos Trust and fiduciary services for corporate clients, structuring trust agreements and administering commissions on behalf of the parties involved.
• Boletas de Garantía Bank guarantee bonds covering local and international transactions, including guarantee letters and suretyships for corporate and SME clients.
• Microcrédito Specialized microcredit lending service for microentrepreneurs and informal-sector borrowers, providing small credit facilities tailored to their business needs.
• Programa Travel Travel rewards program for BCP credit card holders that enables accumulation and redemption of travel miles with affiliated airlines and travel partners.
• BCPuntos Loyalty points program for BCP credit card users that enables accumulation and redemption of points for goods, services, and rewards.

Quantifiable outcome

• Largest service point network in Bolivia

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• YapecoreGTM or Marketing PartnerYape is a mobile wallet partnership enabling P2P payments, QR-based transactions, and merchant payments. BCP hosts multiple Yape promotional campaigns including Yapea Libre V2, Gana Cobrando con Yape, Tu Racha Yapera, Cobra con Yape y Gana en Grande, and other promotional programs with ASFI regulatory authorization.
• Western UnioncoreChannel Partner/ Reseller/ DistributorWestern Union international money transfer services available through BCP branches and money desks (Mesa de Dinero) for remittance sending and receiving.
• Operation Sonrisa BoliviaminorStrategic or Co-development PartnerBCP participates in Operation Sonrisa Bolivia program, a social responsibility initiative helping children and youth with facial malformations (cleft lip/palate) through free surgeries.
• Red Enlace ATCcoreTechnology or IntegrationATM and POS network partnership enabling BCP card acceptance at Red Enlace ATC network nationwide for cash withdrawals and card payments.
• Visa PluscoreTechnology or IntegrationInternational card network partnership enabling BCP prepaid cards and debit cards to work at Visa Plus affiliated ATMs abroad for cash withdrawals.
• TigominorGTM or Marketing PartnerJoint promotion Yapea Libre con Tigo combining mobile wallet services with Tigo telecom operator for promotional offers.
• Credibank/ATM NetworkscoreChannel Partner/ Reseller/ DistributorPartnership with various ATM networks (Red Enlaces ATC, Linkser) enabling BCP card acceptance at thousands of ATMs nationwide and international networks.

Scale indicators1 record

Recent moves5 records

Expansion highlights10 records

Broad incumbents

• Grupo Financiero Bisa: Bolivian financial conglomerate combining Banco BISA with insurance, brokerage, and asset management. Comparable to BCP's strategy of bundling banking with insurance (Crediseguro) and investments.
• Banco de Crédito del Perú (BCP Peru): The Peruvian flagship bank of Credicorp S.A. and BCP Bolivia's sister entity. Comparable in product taxonomy, digital platform approach, and group-level strategy, while operating in a larger and more developed Peruvian market.
• Banco Itaú Bolivia: Bolivian subsidiary of Itaú Unibanco, a regional incumbent. Comparable as a foreign-affiliated universal bank competing with BCP in corporate banking, trade finance, and high-end retail.

Direct peers

• Banco Unión: Bolivian state-owned commercial bank operating nationwide with a large branch network. Competes with BCP in retail deposits, payroll, and government-related banking flows.
• Banco Nacional de Bolivia: Major Bolivian commercial bank with similar retail, corporate, and trade finance offerings under ASFI supervision. Closely comparable in product breadth, branch network, and target customer base.
• Banco Económico: Bolivian commercial bank with a strong microcredit and SME franchise alongside retail and corporate services. Comparable to BCP's Microcrédito and Pymes focus.
• Banco BISA: Bolivian universal bank serving individuals, SMEs, and corporates with a comparable multi-segment strategy. Competes with BCP in deposit gathering, consumer credit, and digital banking.
• Banco Mercantil Santa Cruz: One of Bolivia's largest private commercial banks, offering retail, SME, and corporate banking across the country. Directly comparable as a Bolivian full-service bank competing with BCP for the same Personas, Pymes, and Empresas customer segments.
• Banco Ganadero: Bolivian commercial bank offering retail, SME, and corporate products, including digital channels. Comparable as a mid-sized full-service Bolivian bank headquartered in Santa Cruz.

Emerging players

• Banco Fassil: Bolivian bank historically focused on microcredit and consumer lending that expanded into broader retail and SME banking. Comparable to BCP's high-rate consumer and microcredit positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/BancodeCreditoBolivia
• LinkedInlinkedin.com/company/banco-de-credito-de-bolivia-s-a-
• Instagraminstagram.com/bcp_bolivia
• Xx.com/bcpbo

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Banco de Crédito de Bolivia S.A.