Banco Popular Dominicano

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]

Banco Popular Dominicano

Torre Popular in 2006
Native name	Banco Popular Dominicano, S.A. - Banco Múltiple
Company type	Subsidiary
Industry	Financial services
Founded	1963; 62 years ago (1963)
Founder	Alejandro Grullón
Headquarters	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	192 branches (August 2025)[1] 1,312 ATMs (August 2025)[1]
Area served	Dominican Republic
Key people	Christopher Paniagua (Executive President)
Products	Retail banking Commercial banking Credit cards Savings account Mortgages Checking Debit cards
Total assets	RD$876,933.18 million (≈ US$13.92 billion) (August 2025)
Number of employees	~8,162 (August 2025)
Parent	Grupo Popular S.A.
Website	popularenlinea.com
Footnotes / references [1][2]

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

• List of banks in the Dominican Republic