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Banco SOL's Overview

Total employees853
HeadquartersLa Paz
Founded2001

BancoSol is a Bolivian commercial bank specializing in microfinance. Founded in 1992, it evolved from PRODEM, a non-profit organization established in 1986. BancoSol was the first regulated commercial bank in Latin America dedicated solely to microfinance. Its mission is to provide accessible financial services to micro and small entrepreneurs, promoting financial inclusion and contributing to the economic development of Bolivia. The bank offers a range of products including loans, savings accounts, insurance, and payment services, tailored to the needs of its client base.

Where is Banco SOL's Headquarters?

HQ Function

The La Paz headquarters serves as the central administrative, strategic, and operational hub for BancoSol. It houses key departments such as executive management, finance, risk management, operations, technology, human resources, and legal, overseeing the bank's nationwide network and strategic initiatives.

Notable Features:

While specific architectural details are not widely publicized, the headquarters is a modern office facility designed to support the operations of a leading financial institution. It likely incorporates secure banking infrastructure, collaborative workspaces, and technology to support its extensive branch network and digital services.

Work Culture:

The work culture at BancoSol's HQ is deeply rooted in its social mission of financial inclusion. It emphasizes customer-centricity (particularly for micro-entrepreneurs), innovation in financial products, ethical practices, teamwork, and a strong commitment to community development and employee well-being. The environment fosters collaboration and a shared purpose of empowering clients.

HQ Significance:

The headquarters is highly significant as the command center for Bolivia's pioneering and largest microfinance bank. From this location, BancoSol has driven financial innovation and expanded access to financial services for hundreds of thousands of Bolivians, playing a crucial role in the country's economic landscape and poverty alleviation efforts.

Values Reflected in HQ: The headquarters likely reflects BancoSol's core values such as: Solvency and Trust (a solid, secure building), Client Focus (designed to support services for its unique client base), Innovation (equipped with technology for modern banking), Integrity (a professional and transparent operational center), and Commitment to Development (a hub for initiatives that drive economic growth).

Location:

BancoSol's primary operations are focused within Bolivia, where it maintains an extensive national network. Its global presence is primarily characterized by its relationships with international development finance institutions (DFIs), microfinance investment vehicles (MIVs), and global microfinance networks such as ACCION International. BancoSol actively participates in international forums, sharing its pioneering expertise in microfinance and adopting global best practices. It has also received funding and technical assistance from various international organizations, underscoring its global recognition and partnerships in the microfinance sector.

Street Address:

Av. Camacho N° 1485 (esquina Bueno)

City:

La Paz

State/Province:

La Paz

Country:

Bolivia

Banco SOL's Global Presence

Santa Cruz de la Sierra, Bolivia

Address: Oficina Regional Santa Cruz: Calle René Moreno Nº 255

To expand financial inclusion, provide tailored financial products, and support the significant entrepreneurial activity in Eastern Bolivia. It acts as a key operational center for the region.

Cochabamba, Bolivia

Address: Oficina Regional Cochabamba: Av. Heroínas E-0455

To deliver accessible financial services to the urban and rural populations of the Cochabamba valley and surrounding areas, fostering local economic development and financial literacy.

El Alto, Bolivia

Address: Multiple branches and a notable Digital Center, e.g., Av. 6 de Marzo, Cruce Viacha (locations vary for branches).

To provide critical financial access and digital banking solutions to a densely populated urban area with a strong entrepreneurial spirit, supporting local commerce and improving quality of life.

Buying Intent Signals for Banco SOL

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Banco SOL

As of April 2025, Banco SOL' leadership includes:

Marcelo Escobar Ávila - Gerente General (General Manager / CEO)
Verónica Gavilanes Arraya - Gerente Nacional de Negocios (National Business Manager)
José Luis Zavala Aguirre - Gerente Nacional de Finanzas y Riesgos (National Finance and Risk Manager)
Oscar Lora Rocha - Gerente Nacional de Operaciones y Tecnología (National Operations and Technology Manager)
Claudia Patricia Rojas Camarlinghi - Gerente Nacional de Talento Humano y RSE (National Human Talent and CSR Manager)

Investors of Banco SOL

Banco SOL has been backed by several prominent investors over the years, including:

ACCION International
PRODEM S.A.
Kandeo Fund SICAV-SIF
responsAbility Investments AG
Other institutional and private investors focused on social impact and financial inclusion.

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Based on publicly available information and news searches covering the last 12-18 months, there have been no major, widely reported new hires or departures at the senior executive level (Gerentes Nacionales or Gerente General) of BancoSol. The leadership team appears consistent. Minor changes at levels below top executive leadership may occur as part of normal business operations but are not typically announced publicly.

Technology (Tech Stack) used by Banco SOL

Discover the tools Banco SOL uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Banco SOL Email Formats and Examples

BancoSol S.A. typically uses a standard corporate email format. The most common structures observed or inferred are [first_initial][last_name]@bancosol.com.bo or [first_name].[last_name]@bancosol.com.bo. Variations might exist for common names or specific departments.

[first_initial][last]@bancosol.com.bo or [first].[last]@bancosol.com.bo

Format

mescobar@bancosol.com.bo

Example

70%

Success rate

News and media

eju.tvMarch 7, 2024

BancoSol es reconocido por tercera vez como el mejor lugar para trabajar para mujeres en Bolivia

BancoSol has been recognized for the third consecutive year as the 'Best Place to Work for Women' in Bolivia by Great Place to Work, highlighting its commitment to gender equality and creating an inclusive work environment....more

Economy.com.boNovember 29, 2023

BancoSol inaugura moderno Digital Center en El Alto

BancoSol inaugurated a new Digital Center in El Alto, designed to provide its clients with easier access to digital financial services, information, and self-service operations, reinforcing its commitment to innovation and customer convenience....more

eldeber.com.boOctober 5, 2023

BancoSol y BID Invest se unen para promover la inclusión financiera de la mujer en Bolivia

BancoSol and IDB Invest announced a partnership to promote the financial inclusion of women in Bolivia. IDB Invest will provide financing of up to $20 million to BancoSol, which will be earmarked for loans to women-led micro and small enterprises (MSMEs)....more

BancoSol NewsroomJuly 26, 2023

BancoSol impulsa la bancarización digital con su nueva App Sol Móvil Plus

BancoSol launched its new mobile banking application, Sol Móvil Plus, aiming to enhance digital banking adoption among its clients with improved features, user experience, and security for various financial transactions....more

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