Founded on 28 June 1985 by Isaac Mollinedo and David Condori, the club was initially named Asociación Banco do Brasil and had the same colours as the Brazil national football team.[2][3] The club was subsequently renamed to Academia del Balompié Boliviano, and had as first goal to help the development of young players in the La Paz region.
In 2013, ABB won the year's Copa Bolivia, winning promotion to the Liga Nacional B.[4] In the 2013–14 Nacional B, however, the club was eliminated in the first stage, and later returned to the regional leagues.