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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.
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 ]
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]
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 ]
The 1970s also saw a giant step in the development of Banco Popular as Puerto Rico's biggest bank, when it bought two-thirds of the Banco de Crédito y Ahorro Ponceño. [citation needed] Through this purchase, Popular entered the credit-card industry. During the following decades, Banco Popular put great of emphasis on the company's public image.
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]
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
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