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Banco Mercantil Santa Cruz
Banco Mercantil Santa Cruz S.A. Trade name, 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. It is a full-service corporation that provides a wide range of financial products and services to an individual and corporate client base through a national network of operating 93 branches, more than 350 ATMs, call centers, and online and mobile banking platforms. Banco Mercantil Santa Cruz was created in 2006 by the merger of Banco Mercantil and Banco Santa Cruz, which began operations in 1905 and 1966 respectively. History Banco Mercantil The history of Banco Mercantil Santa Cruz dates back to December 11, 1905, when Simón Iturri Patiño, Simón I. Patiño, a Bolivian magnate who was among the world's wealthiest people at the time of his death, founded Banco Mercantil. Its headquarters were established in Oruro, Bo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oruro, Bolivia
Oruro (Hispanicized spelling) or Uru Uru is a city in Bolivia with a population of 264,683 (2012 calculation), about halfway between La Paz and Sucre in the Altiplano, approximately above sea level. It is Bolivia's fifth-largest city by population, after Santa Cruz de la Sierra, El Alto, La Paz, and Cochabamba. It is the capital of the Department of Oruro and the seat of the Roman Catholic Diocese of Oruro. Oruro has been subject to cycles of boom and bust owing to its dependence on the mining industry, notably tin, tungsten, silver and copper. History The city was founded on November 1, 1606, by Don Manuel Castro de Padilla as a silver-mining center in the Urus region. At the time it was named Real Villa de San Felipe de Austria, after the Spanish monarch Philip III. It thrived for a while, but it was eventually abandoned as the silver mines became exhausted. Oruro was reestablished by European Bolivians in the late nineteenth century as a tin mining center. It was nam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sociedad Anónima
The abbreviation S.A. or SA designates a type of limited company in certain countries, most of which have a Romance languages, Romance language as their official language and operate a derivative of the 1804, Napoleonic, civil law (legal system), civil law. Originally, shareholders could be anonymous and collect dividends by surrendering coupon (finance), coupons attached to their stock certificate, share certificates. Dividends were paid to whomever held the certificate. Since share certificates could be transferred privately, corporate management would not necessarily know who owned its shares – nor did anyone but the holders. As with bearer bonds, anonymous unregistered share ownership and dividend collection enabled money laundering, tax evasion, and concealed business transactions in general, so governments passed laws to audit the practice. Nowadays, shareholders of S.A.s are not anonymous, though shares can still be held by a holding company to obscure the benefici ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining Industry
Mining is the extraction of valuable geological materials and minerals from the surface of the Earth. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. The ore must be a rock or mineral that contains valuable constituent, can be extracted or mined and sold for profit. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, and final reclamation or restoration of the land after the mine is closed. Mining materials are often obtained from ore bodies, lodes, veins, seams, reefs, or placer deposits. The exploit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seat Of Government
The seat of government is (as defined by ''Brewer's Politics'') "the building, complex of buildings or the city from which a government exercises its authority". In most countries, the nation's Capital city, capital is also seat of its government, thus that city is appropriately referred to as the national seat of government. The terms are not however, completely synonymous, as List of countries with multiple capitals, some countries' seat of government differs from the capital. The Netherlands, for example, has Amsterdam as its capital but The Hague is the seat of government; and the Philippines, with Manila as its capital but the Metro Manila, metropolitan area of the same name (Metro Manila; also known as National Capital Region (NCR)), is the seat of government. Local seats of government Local and regional authorities usually have a seat, called an administrative centre, as well. Terms for seats of local government of various levels and in various countries include: * County ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Nacional De Bolivia
Banco Nacional de Bolivia S.A. (BNB) ''(English: National Bank of Bolivia)'' is a Bolivian bank and financial institution headquartered in Sucre, Bolivia. Founded in 1871, it is one of Bolivia's oldest banks. It is also the country's second largest bank by total assets. BNB is a full-service financial institution that provides a range of financial products and services to a diversified individual and corporate customer base in all the Departments of Bolivia, nine departments of Bolivia, including savings accounts, credit cards, mortgages, commercial loans and investment management. The bank operated through 59 agencies and over 380 Automated teller machine, ATM's. The bank is part of BNB Corporacion S.A., a group which comprises also BNB Sociedad Administradora de Fondos de Inversión S.A. (SAFI) ''(BNB Administrative Society of Investment Funds)'', active in the investment and administration of funds, BNB Valores ''(BNB Stocks)'', a brokerage house, BNB Leasing, a leasing entit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panic Of 1907
The Panic of 1907, also known as the 1907 Bankers' Panic or Knickerbocker Crisis, was a financial crisis that took place in the United States over a three-week period starting in mid-October, when the New York Stock Exchange suddenly fell almost 50% from its peak the previous year. The panic occurred during a time of economic recession, and there were numerous bank run, runs affecting banks and trust company, trust companies. The 1907 panic eventually spread throughout the nation when many state and local banks and businesses entered bankruptcy. The primary causes of the run included a retraction of market liquidity by a number of New York City banks and a loss of confidence among depositors, exacerbated by unregulated side bets at bucket shop (stock market), bucket shops. The panic was triggered by the failed attempt in October 1907 to cornering the market, corner the market on stock of the United Copper, United Copper Company. When the bid failed, banks that had lent money to t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Antofagasta
Antofagasta () is a port city in northern Chile, about north of Santiago. It is the capital of Antofagasta Province and Antofagasta Region. According to the 2015 census, the city has a population of 402,669. Once claimed by Bolivia following the Spanish American wars of independence, Antofagasta was captured by Chile on 14 February 1879, triggering the War of the Pacific (1879–83). Chilean sovereignty was officially recognised by Bolivia under the terms of the 1904 Treaty of Peace and Friendship. The city of Antofagasta is closely linked to mining activity, being a port and the chief service hub for one of Chile's major mining areas. While silver and saltpeter mining have been historically important for Antofagasta, since the mid-19th century copper mining is by far the most important mining activity for Antofagasta, fueling a steady growth in the areas of construction, retail, hotel accommodations, population growth and skyline development until the end of the 2000 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Santa Cruz De La Sierra
Santa Cruz de la Sierra (; ), commonly known as Santa Cruz, is the largest city in Bolivia and the capital of the Santa Cruz Department (Bolivia), Santa Cruz department. Situated on the Pirai River (Bolivia), Pirai River in the eastern Tropical Lowlands of Bolivia, the Santa Cruz de la Sierra Metropolitan Region is the most populous urban agglomeration in Bolivia with an estimated population of 2.4 million in 2020. It is formed out of a conurbation of seven Santa Cruz municipalities: Santa Cruz de la Sierra, La Guardia, Bolivia, La Guardia, Warnes, Bolivia, Warnes, Cotoca, El Torno, Santa Cruz, El Torno, Porongo, and Montero, Bolivia, Montero. The city was first founded in 1561 by Spanish explorer Ñuflo de Chavez about east of its current location, and was moved several times until it was finally established on the Piray River, Pirai River in the late 16th century. For much of its history, Santa Cruz was mostly a small outpost town, and even after Bolivia gained its independenc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Potosí
Potosí, known as Villa Imperial de Potosí in the colonial period, is the capital city and a municipality of the Potosí Department, Department of Potosí in Bolivia. It is one of the list of highest cities in the world, highest cities in the world at a nominal 4,067 m (13,343 ft). For centuries, it was the location of National Mint of Bolivia, the Spanish colonial silver mint. A considerable amount of the city's colonial architecture has been preserved in the historic center of the city, which—along with the globally important Cerro Rico de Potosí—are part of a designated UNESCO World Heritage Site. Potosí lies at the foot of the ''Cerro Rico, Cerro de Potosí''—sometimes referred to as the ''Cerro Rico'' ("rich mountain")—a mountain popularly conceived of as being "made of" silver ore that dominates the city. The Cerro Rico is the reason for Potosí's historical importance since it was the major supply of silver for the Spanish Empire until Guanajuato City, Guanajuato ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sucre
Sucre (; ) is the ''de jure'' capital city of Bolivia, the capital of the Chuquisaca Department and the sixth most populous city in Bolivia. Located in the south-central part of the country, Sucre lies at an elevation of . This relatively high altitude gives the city a subtropical highland climate with cool temperatures year-round. Over the centuries, the city has received various names, including La Plata, Charcas, and Chuquisaca. Today, the region is of predominantly Quechua background, with some Aymara communities and influences. Sucre holds major national importance and is an educational and government center, as well as the location of the Bolivian Supreme Court. Its pleasant climate and low crime rates have made the city popular amongst foreigners and Bolivians alike. Notably, Sucre contains one of the best preserved Hispanic colonial and republican historic city centres in the Western Hemisphere - similar to cities such as Cuzco and Quito. This architectural herita ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cochabamba
Cochabamba (; ) is a city and municipality in central Bolivia in a valley in the Andes mountain range. It is the capital (political), capital of the Cochabamba Department and the list of cities in Bolivia, fourth largest city in Bolivia, with a population of 630,587 according to the 2012 Bolivian census. Its name is from a compound of the Quechua languages, Quechua words ''qucha'' "lake" and ''pampa'', "open plain." Residents of the city and the surrounding areas are commonly referred to as ''cochalas'' or, more formally, ''cochabambinos''. It is known as the "City of Eternal Spring" or "The Garden City" because of its spring-like temperatures all year round. It is also known as "La Llajta," which means "town" in Quechua. It is the largest urban center between the higher capital of La Paz and Santa Cruz de la Sierra in the tropical plains of the east. It sits south-west of the Tunari mountains, and north of the foothills of the Valle Alto. In antiquity, the area featured numero ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
