Banco Mercantil Santa Cruz S.A. Email Format

Bankingla Paz, Bolivia1001-5000 Employees

Banco Mercantil Santa Cruz S.A. is a private banking institution based in La Paz, Bolivia, operating in the banking sector. It employs between 1,001 and 5,000 people. The company was founded in 1905 by Simón Patiño, with its first headquarters in Oruro, and has grown through a series of transformations, mergers, and acquisitions, including the 2006 acquisition of the majority stake in Banco Santa Cruz and the 2016 merger with Ex Banco Los Andes ProCredit, as well as portfolio acquisitions from Mutual La Paz and Ex Banco Fassil. Today it is described as the largest private bank in Bolivia with more than one million active clients. It operates as part of Grupo Mercantil Santa Cruz, which includes entities such as Mercantil Santa Cruz Agencia de Bolsa S.A., Universal Brokers S.A., Warrant Mercantil Santa Cruz S.A., and SAFI Mercantil Santa Cruz S.A.

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