Banco Popular Espanol

Banco Popular Español, S.A. (Banco Popular) was founded in 1926 and was one of the five largest banks in Spain in terms of total assets and deposits. Banco Popular offered wholesale and retail banking services through a network of about 2,000 branches (170 of which in Portugal), Mundocredit offices and around 2,500 ATMs. Banco Popular Group consisted of a controlling company (Banco Popular Español), two foreign banks (Banco Popular Portugal, and Totalbank in Florida, USA) and four domestic banks (Banco Pastor, Popular Banca Privada, Targobank and Bancopopular-e). The Bank also had 3 collaboration and 14 representative offices in Italy, Germany, France, Poland, Switzerland, the UK, Shanghai, Dubai, Morocco, Chile, Mexico, Dominican Republic and the United States. The Bank’s five regional subsidiaries Banco de Andalucia, Banco de Castilla, Banco de Credito Balear, Banco de Galicia, and Banco de Vasconia were fully absorbed by parent company in 2008. In 2010, the Group signed a strategic alliance with Crédit Mutuel for the provision of joint services to customers in their main strategic markets (France, Germany, Spain and Portugal) by setting up a new banking platform with over 120 branches and over 500 employees distributed across Spain, in which each institution had a 50% stake. In 2012, Banco Popular Español completed the acquisition of 100% of Banco Pastor, the second oldest bank in Spain established in 1776. As of September 30, 2016, Banco Popular had total assets of EUR 156.632 billion, loans and receivables of EUR 105 billion and total equity of EUR 14.991 billion.

On June 6, 2017 the European Central Bank determined that Banco Popular Español was failing or likely to fail, and on June 7, 2017 the Single Resolution Board placed the bank in resolution and transferred all of its shares to Banco Santander, S.A. Banco Popular was subsequently absorbed into Banco Santander and the Banco Popular brand was withdrawn; the bank does not appear in the list of supervised entities published by the European Central Bank. The group described above was dismantled: the Portuguese business passed to the Santander group, TotalBank is today a registered trademark and marketing name used by City National Bank of Florida, and Targobank, S.A.U. was absorbed by ABANCA Corporación Bancaria, S.A.

Former head office address:
Calle Velazquez
34 Esquina Goya 35
Madrid 28001, Spain
Phone: +34 91520 7111
Website: www.grupobancopopular.com (domain no longer resolves as of September 2026)

TotalBank HQ
2720 Coral Way
Miami, FL 33145, USA
Phone: (305) 448-6500
Website: www.totalbank.com
TotalBank was a full service bank in South Florida with 18 locations across Miami-Dade County. It is no longer part of the Banco Popular group; TotalBank is today a registered trademark and marketing name used by City National Bank of Florida.

Banco Popular Portugal, S.A.
Rua Ramalho Ortigao, 51
1099-090 Lisboa, Portugal
Phone number: 808 20 1616
Website: www.bancopopular.pt (domain no longer resolves as of September 2026)
The Portuguese business passed to the Santander group following the June 2017 resolution of Banco Popular Español.