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Overview of Regulatory Environment Institutions providing microfinance services in Bolivia include commercial banks (notably BancoSol), private financial funds (FFPs), cooperatives, mutual savings and loan societies, and NGOs. All financial organizations, including financial NGOs, are regulated by the Superintendency of Banks and Financial Institutions, though in practice NGOs are not closely supervised. The Central Bank of Bolivia is responsible for issuing norms regarding the financial system as a whole. Apart from BancoSol, commercial banks do not play an active role in microfinance. |
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Read this INFORMATIVE PROFILE of the legal and regulatory environment for microfinance in Bolivia from the Comparative Database on Regulation and Supervision. |
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Financial Regulators |
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| Central Bank of Bolivia | ||
| Superintendency of Banks and Financial Institutions (SBEF) | ||
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Recommended Reading |
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| » | Regulatory Framework for Microfinance Operations in Bolivia Association of Financial Entities Specialized in Microfinance (2006) |
| » | Microfinance Regulation in Seven Countries: A Comparative Study Meagher, P., Campos, P., Christen, R., Druschel, K., Gallardo, J. & Martowijoyo, S. (2006) |
| » | Supervising & Regulating Microfinance in the Context of Financial Sector Liberalization: Lessons from Bolivia, Colombia and Mexico Loubiere, J. T., Devaney, P. L. & Rhyne, E.(2004) |
| » | Regulatory and Supervisory Mechanism for MFIs in Bolivia National Bank for Agriculture and Rural Development (NABARD) (2001) |
| » | Summary of Client Protection in Bolivia Center for Financial Inclusion, ACCION International |