Banco Popular Español

The group consisted of the following companies:

• national bank: Banco Popular Español
• regional bank: Banco Pastor
• mortgage bank: Banco Popular Hipotecario
• private bank: Popular Banca Privada
• French subsidiary: Banco Popular France (sold to Crédit Mutuel in 2008)
• Portuguese subsidiary: Banco Popular Portugal
• USA subsidiary: TotalBank (now part of City National Bank of Florida)
• Internet bank: WiZink
• estate services subsidiary: Aliseda

The bank had international offices in Belgium, Chile, Germany, Hong Kong, Morocco, the Netherlands, Switzerland (Geneva and Zürich), London, the United States, France, Italy, and Venezuela.

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Banco Popular Español (BPE) was founded in 1926.

In 1968, BPE opened a representative office in Paris that became a subsidiary that by 1991 had a network of 14 branches in France.

In 1992 BPE converted its subsidiary in France into a joint venture with Banco Comercial Português under the name Banco Popular Comercial.

BPE established a network of branches in Portugal in 2000.

In 2002 BPE and Banco Comercial Português parted ways; Banco Popular Comercial becomes a wholly owned subsidiary of Banco Popular and changed its name to Banco Popular France.

In Portugal, Banco Popular bought Banco Nacional de Crédito (BNC) and transferred its existing branches there to BNC. Later, in 2005, BNC changed its name to Banco Popular Portugal.

In 2007 BPE bought a small bank in Southern Florida (United States of America) called TotalBank for US$300 million.{{cite news | first=Christopher | last=Bjork | title=Spain's Banco Popular to buy U.S. TotalBank for $300 mln | date=2007-07-11 | url =http://www.marketwatch.com/story/spains-banco-popular-to-buy-us-totalbank-for-300-mln | work =MarketWatch | access-date = 2009-12-06 | archive-url= https://web.archive.org/web/20091204153832/http://www.marketwatch.com/story/spains-banco-popular-to-buy-us-totalbank-for-300-mln| archive-date= 4 December 2009 | url-status= live}} The bank has 20 branches in Miami Dade County and more than 400 employees.

On 7 August 2009, Banco Popular Español acquired Banco de Andalucía, which was founded as Jerez de la Frontera in 1844 and had many services in the province of Cádiz, in the territorial area of Jerez de la Frontera, El Puerto de Santa María and Cádiz until 1959 when it expanded into the provinces of Seville and Huelva and changed its name to Banco de Andalucía.{{cite news |url=http://www.abc.es/20090807/economia-empresas-banca/disuelve-banco-andalucia-tras-200908071753.html |title=Hoy se disuelve el Banco de Andalucía tras 165 años de historia, absorbido por el Banco Popular |work=Diario ABC |date=7 August 2009 |access-date=September 14, 2024 |archive-url=https://archive.today/20120630133200/http://www.abc.es/20090807/economia-empresas-banca/disuelve-banco-andalucia-tras-200908071753.html |archive-date=30 June 2012}} Spanish prosecutor José "Pepe" Grinda González believed Gennady Petrov ({{langx|ru|Геннадий Васильевич Петров}}) and his associates and entities related to them had bank accounts with Banco de Andalucía.{{cite news |url=https://openrussia.org/s/tmp/files/spain.pdf |title=Досье |trans-title=Dossier |language=ru |work=openrussia.org |date= |access-date=14 September 2024 |archive-url=https://web.archive.org/web/20160320093902/https://openrussia.org/s/tmp/files/spain.pdf |archive-date=20 March 2016}}{{cite news |last=Иванидзе |first=Владимир (Ivanidze, Vladimir) |url=https://novayagazeta.ru/society/50920.html |title=Кому Нева дала шанс: Игорный бизнес в Санкт-Петербурге начинали российские ОПГ и японские якудза. Под контролем мэрии. Уникальное свидетельство непосредственного участника событий |trans-title=To whom the Neva gave a chance: The gambling business in St. Petersburg was started by Russian organized crime groups and Japanese yakuza. Under the control of the city hall. Unique evidence of a direct participant in the events |work=Novaya Gazeta |date=8 February 2012 |access-date=14 September 2024 |archive-date=9 February 2012 |archive-url=https://web.archive.org/web/20120209210941/https://novayagazeta.ru/society/50920.html}}

In 2017 SRM put Banco Popular under resolution process. All existing stocks and additional Tier 1 instruments were written down. Tier 2 instruments were converted into stocks and then sold to Banco Santander S.A. for €1.[https://srb.europa.eu/sites/srbsite/files/note_summarising_effects_07062017_5.pdf]{{Dead link|date=October 2019 |bot=InternetArchiveBot |fix-attempted=yes }} On August 8, 2017, it was announced that Banco Santander would sell its portion of Banco Popular's real estate business to the New York City-based private equity corporation Blackstone Group.{{cite web |title=Banco Popular agrees to sell majority stake in its real estate asset portfolio to Blackstone |url=https://www.blackstone.com/media/press-releases/article/banco-popular-agrees-to-sell-majority-stake-in-its-real-estate-asset-portfolio-to-blackstone |website=www.blackstone.com |publisher=The Blackstone Group L.P. |access-date=15 June 2018 |language=en}}

• Luis Valls-Taberner

{{Reflist}}

{{Portal|Banks|Companies}}

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• {{Official website|http://www.bancopopular.es/}}
• [http://www.grupobancopopular.com/EN/INVESTORRELATIONS/Paginas/inicio.aspx Investor relations]
• [http://www.bancopopular.fr Banco Popular France]
• [http://www.grupobancopopular.com/EN/InvestorRelations/FinancialInformation/Documents/2014/IA2014en.pdf Grupo Banco Popular] {{Webarchive|url=https://web.archive.org/web/20160313012712/http://www.grupobancopopular.com/EN/InvestorRelations/FinancialInformation/Documents/2014/IA2014en.pdf |date=2016-03-13 }}

{{Members of Euro Banking Association}}

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{{DEFAULTSORT:Banco Popular Espanol}}

Category:Defunct banks of Spain

Category:Companies based in the Community of Madrid

Category:Banks established in 1926

Category:banks based in Madrid

Category:Companies formerly listed on the Madrid Stock Exchange

Category:Spanish companies established in 1926

Category:Banks under direct supervision of the European Central Bank