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34 Velázquez St. 28001 Madrid, Spain Tel. +34-91-520-70-00 Fax +34-91-577-92-08 |
Type: Public
On the web:
http://www.bancopopular.es/eng/
Banco Popular Español certainly lives up to its middle name. One of Spain's top banks (after giants Banco Santander Central Hispano and Banco Bilbao Vizcaya Argentaria), Banco Popular offers commercial and retail banking services through more than 2,500 branches. It operates mainly at home, where it specializes in commercial loans to small and midsized businesses. It also offers deposits, mutual funds, asset management, consumer credit, life insurance, factoring, and securities trading. Banco Popular also owns Banco Popular Portugal and mortgage bank Banco Popular Hipotecario. It holds 60% of private bank Popular Banca Privada (Dexia owns the rest). It sold Banco Popular France to Credit Mutuel in 2008.
Key numbers for fiscal year ending December, 2008:
Sales: $4,762.9M
One year growth: (63.4%)
Net income: $1,565.5M
Income growth: (15.6%)
Officers:
Chairman: Ángel Ron
Vice Chaiman and CEO: Roberto Higuera
Financial Officer: Ernesto Rey
Competitors:
BBVA
Grupo Santander
Barclays




