Banco Popular Espanol

Anna MileikoCreated by Anna Mileiko

Banco Popular Español, S.A. Logo

Address

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

BIC

POPUESMM

Overview

Category

Commercial banks

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.

Performance

In 2017, Banco Popular Espanol achieved the position of 4th largest bank in Spain with a market share of 7.39%; its total assets dropped by 18.19%.

Deposit Protection

Deposits up to 100,000 EUR are covered by Spanish deposit guarantee scheme in Banco Popular Espanol.

Services

retail banking
corporate banking
online brokerage
insurance

Area Served

ESSpain

Products

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

See Also

Financials

Total Assets of Banco Popular Espanol
Net_income of Banco Popular Espanol
Market Share of Banco Popular Espanol
Total Assets (2017)
113.14 bln EUR   (-18.19%)
Net Income (2017)
-13,594,848,000.00 EUR   (+321.90%)

Banco Popular Espanol was the 4th largest bank in Spain in terms of total assets. In 2017 its total assets were 113,14 bln EUR, providing the bank with the market share of 7.39%. 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: -
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. Long-term credit rating assigned to the bank by Fitch is A- (high credit quality).

Deposit Guarantee

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

Banco Popular Espanol participates in the deposit guarantee scheme of Spain which 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.

See Also

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

Contacts

addressCl Juan Ignacio Luca de Tena 9-11, 28027, Madrid, Spain
phone0915207000
fax0915779826

Banco Popular Espanol was headquartered in Madrid.

Social Networks

Banco Popular Espanol has profiles at the following social networks:

See Also

Bank Identifiers

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

Bank History

Close Date
October 2018
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