Banco Popular Espanol

Address: Velazquez, 34, 28001 Madrid, Spain
Telephone: +34 91 520 7000
Fax: +34 91 577 9208


Banco Popular Espanol founded in 1926, is the third largest banking group in Spain. More than 75 years of experience are at your service.

The group is primarily engaged in retail banking and commercial banking activities but also offers insurance, factoring, renting, fund raising services, asset and pension plan management, trading portfolios and hedging services. The group primarily operates in the Spain, Portugal and France. It is headquartered in Madrid, Spain and employs about 14,000 people.

Besides BPE as a lead entity, the group operates and manages five regional banks in Spain, which are majority-owned by Banco Popular. The group also controls three other specialist banks in Spain. In Portugal it operates through a wholly owned subsidiary Banco Popular Portugal and in France through another wholly owned subsidiary Banco Popular France.

Commercial banking is offered through a network of bank branches. The segment undertakes activities such as lending transactions, fundraising, acceptance of off-balance sheet risks, and financial services including factoring and renting. In Spain, the group operates through Banco Popular, five other regional banks and three specialist banks.

Products and Services

The group's key products and services include the following:

  • Personal Banking: Personal accounts Saving and investment Mortgage and finance Home insurance Credit cards Home banking.
  • Corporate banking: Business account services Home banking services Cash management services Trade finance Business credit cards Business insurance.
  • Financial services: Factoring Cash collection Letter of credit Cash management Documentary collection Lock box Personal banking services Trade finance Foreign exchange .



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