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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 bank penetration is approximately 33.7% and the main banks in DR are Banco Popular Dominicano, Banco de Reservas de la Republica Dominicana, Banco BHD.
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 ]
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]
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
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]
Prior to the league's establishment, football in the Dominican Republic was only played in a semi-pro level. To address the issue and to raise the status of football in the country, the Dominican Football Federation has decided to implement the idea of a new professional league in the country, to attract more people into the sport.
Two private banks issued paper money. The Banco Nacional de Santo Domingo issued notes between 1869 and 1889 in denominations of 25 and 50 centavos, 1, 2, 5, 10, 20, 25 and 100 pesos. The Banco de la Compañía de Crédito de Puerto Plata issued notes from the 1880s until 1899 in denominations of 25 and 50 centavos, 1, 2, 5, 10 and 50 pesos ...