The funds from the stock issue will be used to strengthen Banco Ganadero’s capital structure, thus enabling it to grow, especially in western Bolivia.
Banco Ganadero was established in 1993 in the city of Santa Cruz de la Sierra. It currently has branches in the cities of La Paz, Cochabamba, Trinidad, and Tarija, as well as additional smaller branches in the cities of Santa Cruz, La Paz, Cochabamba, Sucre, Tarija, Oruro, Cobija, Montero, Riberalta, and El Alto.
Banco Ganadero seeks to support the development of the country’s productive and commercial activities and provides short-, medium-, and long-term loans that meet high quality standards. Its financing reaches Bolivia’s main sectors, including commerce, animal husbandry, industry, services, and agriculture.