Banco Bolivariano (GYSE:BLD) announced that it will receive $500,000 in an equity round of funding on June 26, 2014. The transaction was approved by the board of directors of the company. After the transaction, the capital of the company will amount to $164,300,000.

On July 16, 2014, Banco Bolivariano closed the transaction. The transaction was registered in the Commercial Register of Guayaquil.