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The bank was founded in 1963, [3] (some sources say 1964) by Dominican banker Alejandro Grullón. He was president of the company for 25 years. In 1990, Grullon's son, Manuel Alejandro Grullón, was elected president of the bank. He has held that position ever since. In 1998, Banco Popular Dominicano founded a television channel, CDN 37.
This is a list of banks in Dominican Republic as of November 2010, published by the Bank Superintendency, including credit unions and other financial services companies that offer banking services and may be popularly referred to as "banks".
The BHD Bank (also known as Banco Múltiple BHD, S.A [2]) is a private financial and mortgage bank in the Dominican Republic, founded by Samuel Conde and a group of entrepreneurs on July 24, 1972. Since then, it has formed numerous partnerships and acquisitions with other financial organizations in the country. [ 3 ]
He founded Banco Popular Dominicano in January 1964, today the largest private bank in the Dominican Republic. He was the chairman of the Board of Directors of Grupo Popular until April 2014, when he left his post to his son Manuel Alejandro Grullón (1953–). [2] He was also co-founder of the NGO Fundación Sur Futuro. [citation needed]
At the time of this writing, there were 79,833 FDIC-insured bank branches across the U.S. (FDIC) The bank with the most branches is Chase Bank, which has around 4,900 branches in the U.S. and ...
In April 2014, he was appointed the Chairman of Grupo Popular, a company whose subsidiaries include Banco Popular Dominicano, the largest private bank in the Dominican Republic. [2] He has been president of the Banco Popular Dominicano since 1990. Forbes listed Grullón as one of the ten wealthiest men of the Dominican Republic. [3]
2000: Popular begins its online banking system; 2001: Popular buys three branches in Puerto Rico's central mountain region from BBVA. 2005: Popular completes acquisition of Quaker City Bank, establishing California as the largest region of Popular Bank. Popular also purchases New Jersey's Infinity Mortgage for an undisclosed amount. [10]
Banco Popular or Banco Popolare may refer to: Popular, Inc., the bank based in Puerto Rico doing business as Banco Popular; Banco Popular Español, the bank based in Spain; Banco Popular Dominicano, the bank based in the Dominican Republic; Banco Popular, the bank based in Tegucigalpa, Honduras