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Banco Popular Espanol - Company Profile Snapshot

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Company Profile: Banco Popular Espanol
Ticker: POP
Exchanges: MAD
2008 Sales: 7,749,700,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: SPAIN
Employees: 15069

Business Description
Banco Popular Espanol(POPULAR). The Group's principal activity is banking, with special focus on commercial and retail banking. The Group operates in 4 segments: Commercial banking, Institutional and Market, Asset Management and Insurance. It operates in Spain, Portugal, France and United States. In Spain it owns 5 regional banks (Banks of Andalucia, Castilla, Credito Balear, Galicia and Vasconia) with major share holdings in these companies. The Group is also involved in factoring, consumer credit, mutual fund management and administration, portfolio management, pension fund and plan management, life insurance and securities market trading. At 31-12-2008, the Group has 2,504 branches: 2,255 in Spain, 235 in Portugal and 14 in United States.

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