Banco Popular Espanol

 (3.0; 1 ratings)
3.0 1
Business Focus
retail and corporate banking

Banco Popular Espanol was founded in 1926. The bank is now one of the largest banks in Spain and is specializing in retail and corporate banking products and services. In 2017 Banco Popular Espanol was acquired by Banco Santander. Since 2018 Banco Popular Espanol operates as a fully integrated subsidiary of Banco Santander.

Services

retail banking
corporate banking
online brokerage
insurance

Area Served

Spain

Products

current accounts
savings accounts
time deposit accounts
debit cards
credit cards
mortgage loans
investment funds
pension accounts
business loans
leasing
factoring

Financials

Total Assets (2017)
113.14 bln EUR  (-18.19%)
Net Income (2017)
-13,594,848,000.00 EUR  (+321.90%)

In 2017 total assets of Banco Popular Espanol were 113,14 bln EUR. In 2017 the bank's net income was -13 594,85 mln EUR.

Credit Ratings

Fitch: A-
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: A2
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Banco Popular Espanol is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A- (high credit quality). Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Fondo de Garantía de Depósitos de Entidades de Crédito (FGD)
Covered Depositors
natural persons
legal entities
Covered Accounts
credit balances on accounts

Banco Popular Espanol participates in the deposit guarantee scheme of Spain. This deposit guarantee scheme applies to credit balances on accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Banco Popular Espanol is a member of Fondo de Garantía de Depósitos de Entidades de Crédito (FGD) and makes its contributions into it.

Banco Popular Espanol is a member of Banco Popular (Spain).

Contacts

Cl Juan Ignacio Luca de Tena 9-11, 28027, Madrid, Spain
0915207000
0915779826

Banco Popular Espanol was headquartered in Madrid.

Bank Identifiers

BIC (SWIFT)
POPUESMM
Bank Sort Code
0075
Company Number
A28000727
MFI ID
ES0075

Bank History

Close Date
October 2018