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The headquarters of Banco Popular, a partner of the GTE-led consortium which purchased the Puerto Rico Telephone Company. The Puerto Rican general strike of 1998 began as a strike of Puerto Rico Telephone Company workers to protest a government privatization plan. Three weeks later, an estimated 500,000 people joined a two-day general strike ...
1988: Popular is the first bank in Puerto Rico to offer phone-banking. 1990: Popular merged with Banco de Ponce to create the largest bank in Puerto Rico. The holding company took the name BanPonce. (Banco de Ponce had established an agency in New York that it had converted to a branch in 1961.
Popular, Inc. headquarters main building at the Golden Mile. Popular, Inc. headquarters (3 buildings) AFI Plaza (Seaborne Airlines Plaza) (formerly Westernbank World Plaza, the Banco de Ponce headquarters); acquired by Banco Popular de Puerto Rico after an FDIC closure of several banks on the Island in 2010.
Chafey began his career at Banco Popular in 1980 as vice president of the Investment Division and became senior vice president of the Investment Group in 1985. He was appointed CFO in 1990, in charge of the Financial Management Group, senior executive vice president in charge of Retail Banking Group in 1995, and president of Banco Popular de Puerto Rico in 2004.
In 1930, Banco Popular purchased the oldest and most respected banking institution on the island, the Banco Comercial de Puerto Rico. With a total of $8.82 million in deposits in 1937, Banco Popular became the largest bank in Puerto Rico. In 1938, it became the first bank in Puerto Rico to offer FHA mortgage loans.
Banco Popular Completes the Sale of $438 million (Book Value) of Non-Performing Residential Mortgage Loans SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- Popular, Inc. (NAS: BPOP) ("Popular") announced ...
Banco Popular or Banco Popolare may refer to: Popular, Inc., the bank based in Puerto Rico doing business as Banco Popular; Banco Popular Español, ...
In 1998, a 45% stake of the state-owned Puerto Rico Telephone Company (PRTC) was sold to a consortium led by GTE (now Verizon) and Banco Popular de Puerto Rico, with another stake set aside to benefit all of the company's employees. This sale led to a general strike organized by several labor unions.