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The Bank of the South (Spanish: Banco del Sur, Portuguese: Banco do Sul, Dutch: Bank van het Zuiden) or BancoSur is a monetary fund and lending organization established on 26 September 2009 by Argentina, Brazil, Paraguay, Uruguay, Ecuador, Bolivia and Venezuela with promises of initial capital of US$20 billion. Argentina, Venezuela, and Brazil ...
The Bank of the South (Portuguese: Banco do Sul, Spanish: Banco del Sur, Dutch: Bank van het Zuiden, English: Bank of the South) will establish monetary policy and finance development projects. One of the objectives of monetary union is to establish a Single South American currency .
As inflation gathered pace, Banco Central introduced cheques de gerencia (cashier's cheques, certified cheques, bank drafts) for 5000 and 10,000 pesos bolivianos in 1982. By the summer of 1983 notes of 1, 5, and 20 were no longer seen in circulation, which consisted of notes for 10, 50, 100, 500, and 1000 pesos bolivianos.
Banco Nacional de Bolivia was conceived on 1 September 1871 by decree as a financial institution granted to issue banknotes, as well as to offer financial services such as deposits and loans. [8] The bank was established in Cobija , an important port city located in the Litoral Department , Bolivia's only territory with access to the Pacific coast.
Bolivia joined the IMF on December 27, 1945. [1] Since 1945, Bolivia has cooperated with the IMF to achieve social reforms and economic growth. [2] These efforts have involved strategies to reduce poverty, increase social equity, improve the education system and healthcare system, and expand social services to rural populations and underserved urban communities. [2]
The Bank of London and South America Limited (BOLSA; Spanish: Banco de Londres y América del Sur, also known simply as Banco de Londres) was a British bank, which operated in South America between 1923 and 1971.
Banco Mercantil Santa Cruz S.A. doing business as Mercantil Santa Cruz (abbreviated as BMSC) is a Bolivian bank and financial services company with headquarters in La Paz.As of 2015, Banco Mercantil Santa Cruz is the largest bank in Bolivia by assets. [3]
In 2018, the Central Bank of Bolivia (Banco Central de Bolivia) unveiled a new family of banknotes, and will be issued by order of denomination. The notes are the first to bear the formal name of Bolivia "Estado Plurinacional de Bolivia" (Plurinational State of Bolivia), to reflect the multiculturalism of the country and all of its citizens.