Banco Popular Español

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Banco Popular Español S.A.

Type	Sociedad Anónima
Traded as	BMAD: POP, Euronext: BPE
Industry	Financial services
Founded	1926
Headquarters	Madrid, Spain
Key people	Ángel Ron (Chairman), Roberto Higuera (CEO)
Products	Banking and insurance
Revenue	€3.462 billion (2010)^[1]
Operating income	€2.149 billion (2010)^[1]
Profit	€590.2 million (2010)^[1]
Total assets	€130.1 billion (end 2010)^[1]
Total equity	€8.220 billion (end 2010)^[1]
Employees	14,250 (end 2010)^[1]
Website	www.bancopopular.es

Banco Popular Español, S.A. (Spanish pronunciation: [ˈbaŋko popuˈlaɾ espaˈɲol]) is the fourth largest banking group in Spain. The group consists of the following companies:

A national bank: Banco Popular Español
Five regional banks: Banco de Andalucía, Banco de Castilla, Banco de Crédito Balear, Banco de Vasconia, Banco de Galicia
A mortgage bank: Banco Popular Hipotecario
A private bank: Popular Banca Privada
A subsidiary in France: Banco Popular France (sold in December 2008 to the French bank Crédit Mutuel-CIC and renamed as CIC Iberbanco)
A subsidiary in Portugal: Banco Popular Portugal
A subsidiary in U.S.A.: TotalBank (Miami Dade)
A separate Internet bank: bancopopular-e.com
An Estate Services subsidiary: Aliseda
Representative offices abroad: Belgium, Chile, Germany, Hong-Kong, Morocco, Netherlands, Switzerland (Geneva and Zürich), London, United States Of America, France, Italy and Venezuela.

History [edit]

1926: Founding of Banco Popular Español (BPE).
1968: BPE opens a representative office in Paris that became a subsidiary that by 1991 had a network of 14 branches in France.

Banco Popular Español premises in Madrid

1992: BPE converts its subsidiary in France into a joint venture with Banco Comercial Português under the name Banco Popular Comercial.
2000: BPE establishes a network of branches in Portugal.
2002: BPE and Banco Comercial Português part ways; Banco Popular Comercial becomes a wholly owned subsidiary of Banco Popular and changes its name to Banco Popular France. In Portugal, Banco Popular buys Banco Nacional de Crédito (BNC) and transfers its existing branches there to BNC. Later, in 2005, BNC changed its name to Banco Popular Portugal.
2007: BPE bought a small bank in Southern Florida (United States of America) called TotalBank for US$300 million.^[2] The bank has 14 branches in Miami Dade County and 250 employees.

References [edit]

^ ^a ^b ^c ^d ^e ^f "Annual Results 2010" (PDF). Banco Popular Español. Retrieved 7 February 2011.
^ Bjork, Christopher (2007-07-11). "Spain's Banco Popular to buy U.S. TotalBank for $300 mln". MarketWatch. Archived from the original on 4 December 2009. Retrieved 2009-12-06.

External links [edit]

Companies portal

IBEX 35 companies of Spain

v t e Members of Euro Banking Association

Austria	Allgemeine Sparkasse Oberösterreich Bank für Tirol und Vorarlberg AG BKS Bank AG Erste Group Bank AG Oberbank AG Oesterreichische Nationalbank Raiffeisen Zentralbank Österreich AG Raiffeisenlandesbank Oberösterreich AG Raiffeisen-Landesbank Tirol Aktiengesellschaft Steiermärkische Bank und Sparkassen AG

Belgium	Dexia Bank NV KBC Bank NV Bank van De Post

Cyprus	Bank of Cyprus Hellenic Bank

Denmark	Amagerbanken A/S Arbejdernes Landsbank A/S Danske Andelskassers Bank A/S Danske Bank A/S DiBa Bank A/S Djurslands Bank A/S Jyske Bank A/S Nordjyske Bank A/S Nørresundby Bank Østjydsk Bank A/S Ringkjøbing Landbobank Roskilde Bank A/S Skjern Bank Spar Nord Bank Sparekassen Sjælland Sydbank A/S Vestfyns Bank A/S Vestjysk Bank

Finland	Aktia Bank PLC Bank of Åland PLC Pohjola Bank PLC S-Bank LTD. Tapiola Bank LTD

France	Banque Michel Inchauspé - BAMI Banque Palatine BNP Paribas SA BPCE BRED Banque Populaire Crédit Agricole SA Crédit Coopératif Crédit du Nord Crédit Mutuel Arkéa Credit Mutuel CIC Banque HSBC France La Banque postale Natixis Société Générale

Germany	Berenberg Bank BHF Bank Bremer Landesbank Commerzbank AG Deutsche Bank AG Deutsche Bundesbank Deutsche Postbank DZ Bank AG Europe Arab Bank Frankfurt Hamburger Sparkasse AG J.P. Morgan Chase Bank AG Landesbank Baden-Württemberg Landesbank Berlin Holding Landesbank Hessen-Thüringen Oldenburgische Landesbank SECB Swiss EURO CLEARING Bank GmbH The Bank of New York Mellon, Frankfurt Branch VTB Bank (Deutschland) AG

Greece	Alpha Bank AE EFG Eurobank Ergasias SA National Bank of Greece SA Piraeus Bank SA

Hungary	Magyar Nemzeti Bank OTP Bank

Ireland	Allied Irish Banks Bank of Ireland

Italy	Banca Agricola Popolare di Ragusa Banca del Fucino Banca del Piemonte Banca delle Marche S.p.A. Banca di Imola S.p.A. Banca di Romagna S.p.A. Banca d'Italia Monte dei Paschi di Siena Banca Monte Parma Banca Nazionale del Lavoro Banca Popolare del Lazio Banca Popolare dell'Emilia Romagna Banca Popolare di Milano Banca Popolare di Sondrio Banca Popolare di Spoleto Banca Popolare di Vicenza Banca Sella Bancaperta S.p.A. Banco Popolare Società Cooperativa Cassa di Risparmio della Provincia di Chieti S.p.A. Cassa di Risparmio della Provincia di Teramo S.p.A. Cassa di Risparmio di Cesena S.p.A. Cassa di Risparmio di Fermo S.p.A. Cassa di Risparmio di Ferrara S.p.A. Cassa di Risparmio di Loreto S.p.A. Cassa di Risparmio di Ravenna S.p.A. Credito Emiliano S.p.A. ICCREA Banca Intesa Sanpaolo Istituto Centrale delle Banche Popolari Italiane Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige Südtiroler Volksbank – Banca Popolare dell'Alto Adige UBI Banca UGF Banca UniCredit Veneto Banca

Luxembourg	Banque et Caisse d'Épargne de l'État Banque Raiffeisen Dexia Banque Internationale à Luxembourg SA KBL European Private Bankers Société Générale Bank & Trust

Netherlands	ABN Amro Bank NV De Nederlandsche Bank ING Bank NV Rabobank Nederland

Poland	Bank BPH SA Narodowy Bank Polski

Portugal	Banco BPI SA Banco Comercial Português Banco Espírito Santo Caixa Central de Crédito Agrícola Mútuo Caixa Geral de Depósitos

Slovenia	Banka Slovenije

Spain	Banco Bilbao Vizcaya Argentaria, SA Banco Español de Crédito, SA (Banesto) Banco Pastor, SA Banco Popular Español, SA Banco Sabadell, SA Bankia, SA Bankinter, SA Grupo Santander, SA Caixa d'Estalvis i Pensions de Barcelona (La Caixa) Caixa d'Estalvis de Catalunya, Tarragona i Manresa (CatalunyaCaixa) Gipuzkoa eta Donostiako Aurrezki Kutxa (Kutxa) Bilbao Bizkaia Kutxa NCG Banco, S.A (Novagalicia Banco) Caja Laboral Popular Cooperativa de Crédito (Caja Laboral) Grupo Caja Rural / Banco Cooperativo Español, SA (Caja Rural) Spanish Confederation of Savings Banks

Sweden	Skandinaviska Enskilda Banken Svenska Handelsbanken Swedbank AB Nordea Bank AB

United Kingdom	Bank of America NA Bank of Tokyo-Mitsubishi UFJ Ltd. Barclays Bank PLC Citibank NA HSBC Bank PLC Kookmin Bank International Ltd. Lloyds TSB Bank PLC National Australia Bank Limited National Westminster Bank PLC Royal Bank of Scotland PLC Standard Chartered Bank UBS AG Wells Fargo Bank NA

Non-EU	Bank of China (CHN) DnB NOR Bank (NOR) MashreqBank psc (UAE)

Associate Members	XMLdation Oy (FIN)

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