Banco Popular

Finance & Banking

Banco Popular

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About the brand ❤️

Banco Popular Español was a major Spanish bank founded in 1926 and headquartered in Madrid. It served as one of Spain’s leading retail and commercial banks, operating across Spain, Portugal, France and other markets. In 2017, following serious financial strain and a run on deposits, Europe’s Single Resolution Board intervened and Banco Popular was sold to Banco Santander in a resolution deal. The legal absorption and closure of the brand occurred in 2018, marking the end of Banco Popular as an independent entity. Despite its dissolution, it remains a notable case in the history of European banking and financial-resolution frameworks.

Founded: 1926

Closed: 2018

Headquarters: Madrid, Spain

https://www.bancopopular.es/