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Wednesday, June 09, 2010

Banco de Credito of La Paz, Bolivia denies rumors of bankruptcy

RUMMORS OF BANKRUPTCY • Credit Bank Executive BCP on Wednesday denied persistent rumors of bankruptcy of the financial institution and ensure that it is in perfect liquidity.

By EUGEN ROXAS


Banco de Credito of La Paz, Bolivia. Mercado Street.
Photo © ERBOL®. All rights reserved.
LA PAZ, Bolivia.— Diego Cavero general manager said the financial institution is good and announced major investments, such as building a new headquarters in Santa Cruz and the remodeling of offices.
"We will continue operating normally; the Bank is very liquid with the ability to satisfy our customer needs. This was malicious information which led to unrest in our customers.”

Source: ABI®

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