Banco Popular Dominicano

Banco Popular Dominicano
Native name
Banco Popular
Company typePublic company (through its parent holding company Grupo Popular S.A.)
IndustryFinancial services
Founded1963; 61 years ago (1963)
FounderAlejandro Grullón
Headquarters
Santo Domingo
,
Dominican Republic
ProductsRetail banking, Commercial banking
OwnerGrupo Popular S.A.
Websitepopularenlinea.com

Banco Popular Dominicano is a Dominican Republic bank providing retail and commercial banking services.[1] The company, which is known popularly in the Dominican Republic as Banco Popular, was chosen in 2021 by Global Finance magazine as the best private bank company in the Dominican Republic.[2]

Brief history

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.

On September 3, 2019, Banco Popular Dominicano as a company became a signer of the United Nations initiative, UNEP FI.[4]

Competitors

The bank company's main competitors in the Dominican Republic include Banco León and, until 2003, Banco Intercontinental.

See also

  1. ^ "Banco Popular 'will continue to bet on a greater digitisation of our clients'".
  2. ^ "Banco Popular is chosen as the best private bank in the country".
  3. ^ "- Diario Dominicano". www.diariodominicano.com. Archived from the original on 2017-12-30.
  4. ^ "Banco Popular Dominicano – United Nations Environment – Finance Initiative".


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