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Popular, Inc. headquarters in the Golden Mile of Hato Rey, Puerto Rico.. The bank was founded in Puerto Rico in 1893 when the island was still under Spanish administration. It was led in its early stages by Rafael Carrión Sr. and Don Manuel Muñoz Barrios, the latter of which was the company's first president and administrato
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
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.
The main local banks: Central Bank of the Dominican Republic, Banco Popular Dominicano, Banreservas and Banco BHD contribute more than 60% market share. Government-owned banks [ edit ]
The group consisted of the following companies: national bank Banco Popular Español, regional bank Banco Pastor, mortgage bank Banco Popular Hipotecario, private bank Popular Banca Privada, French subsidiary Banco Popular France (sold to Crédit Mutuel in 2008), Portugal subsidiary Banco Popular Portugal, USA subsidiary TotalBank (now part of City National Bank of Florida), Internet bank ...
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.
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.
Popular Community Bank Launches New iPad App for Business Special Mobile Features Cater to Small and Mid-Size Businesses ROSEMONT, Ill.--(BUSINESS WIRE)-- Popular Community Bank,* a subsidiary of ...