Banco Solidario S.A.: The Recovery Strategy, 2000–2004

Authors

Karina Caballero
Mauricio A. Melgarejo, Butler UniversityFollow
Enrique Ogliastri

Document Type

Article

Publication Date

2016

Publication Title

Journal of Business Research

DOI

http://dx.doi.org/10.1016/j.jbusres.2016.03.010

Abstract

Five years passed since, in April, 2000, Kurt Koenigsfest took over as the Chief Executive Officer at Banco Solidario S.A. (BancoSol), in La Paz, Bolivia. BancoSol had become the top Latin American bank specializing in providing microbusiness services. Since its beginning in 1992, BancoSol achieved excellent results and became an international reference in the microcredit area. In mid-2000, external and internal factors caused its performance to deteriorate. Kurt and his management team set and implemented a strategy that led the bank to be rated as the best financial institution in the Bolivian financial system in 2004. The time had come to plan for the future; the management team has to establish BancoSol's primary lines of action for the next three years.

Rights

© 2016. This post-print version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/.

Recommended Citation

Caballero, Karina; Melgarejo, Mauricio A.; and Ogliastri, Enrique, "Banco Solidario S.A.: The Recovery Strategy, 2000–2004" (2016). Scholarship and Professional Work - Business. 278.
https://digitalcommons.butler.edu/cob_papers/278