Banco Popular Dominicano

Last updated
Banco Popular Dominicano
Native name
Banco Popular Dominicano, S.A. - Banco Múltiple
Company type Subsidiary
Industry Financial services
Founded1963;62 years ago (1963)
Founder Alejandro Grullón
Headquarters 18°28′53″N69°54′47″W / 18.481369°N 69.912991°W / 18.481369; -69.912991 ,
Avenida John F. Kennedy 20, Miraflores, Santo Domingo, Distrito Nacional
,
Dominican Republic
Number of locations
Area served
 Dominican Republic
Key people
Christopher Paniagua
(Executive President)
Products
Total assets Increase2.svg RD$876,933.18 million (≈ US$13.92 billion) (2025)
Number of employees
8,162 (2025)
Parent Grupo Popular S.A.
Website popularenlinea.com
Footnotes /references
[1] [2]

Banco Popular Dominicano (BPD) is a bank providing retail and commercial banking services; [3] it is the largest private bank of the Dominican Republic by assets. 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. [4]

Contents

Brief history

The bank was founded in 1963, [5] (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. [6]

Competitors

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

See also

References

  1. 1 2 3 "entidades-de-intermediacion-financiera/banco-popular" (in Spanish). Superintendencia de Bancos de la República Dominicana. 28 August 2025. Retrieved 12 August 2025.
  2. ↑ "Informe de Gestión Anual 2023" (in Spanish). popularenlinea.com.
  3. ↑ "Banco Popular 'will continue to bet on a greater digitisation of our clients'".
  4. ↑ "Banco Popular is chosen as the best private bank in the country".
  5. ↑ "- Diario Dominicano". www.diariodominicano.com. Archived from the original on 2017-12-30.
  6. ↑ "Banco Popular Dominicano – United Nations Environment – Finance Initiative".
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