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Background 

Popular Bank Ltd. Inc. was founded in Panama in August 1983 and operates under its current name since August 2003. It currently employs over 27 people and it's total assets where $ 637 million as of the 31st December 2009. The Bank is a 100% subsidiary of the Popular group, S.A., a company shareholder body constituted under the laws of the Dominican Republic in December 1974.

The Popular group performs operations in USA, Panama, Grand Cayman Islands and Dominican Republic, and it's activities include; banking, leasing, administrator of pension funds.

Mission

"We strive to be an efficient and profitable provider of corporate and personal financial services. We perform our functions by ensuring the satisfaction of our clients, employees and shareholders, supported by the development of our human resources, leading edge technology and according to the highest ethical and legal standars."

Vision

"To be a leading financial services company for the Dominican Republic, with profiable growth, that allows us to satisfy the needs of our corporate and personal clients, through our human capital, technological capabilities, reputation and brand name, and the knowledge bained by our large client base and through our offer of braches to server them."

Values-based Culture

Our Permanent Administration model is a Values Based Culture which is rests on a renewed attitude of the principles that gave rise to our organizational culture. It aims to impact positively on the strategies, processes and people. Since our founding in 1983 we always recognized the importance of creating a culture based on values. Strategic decisions have always been framed on values to generate clarity, ensuring that all decisions are taken using the values as a basis to guide behaviour and criteria.

Our Five (5) organizational pillars are:

Integrity
Respect
Innovation
Teamwork
Customer satisfaction

Corporate Strategy

  • Portfolio diversification
  • Improve competitiveness via cost structure
  • Develop capabilities that differentiate us from the competition
  • Improve and maintain information access for customers
  • Quality of service

Organizational Chart

 

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Popular Bank, Ltd. Inc.
Weather at Panama City, Panama Panama City, R. of P.
Temp: 29°C
Sun rise: 5:58 AM
Sun set: 6:31 PM
Entity regulated
and supervised by

Panamanian Banking
Superintendence




Address
Ave. Aquilino de la Guardia,
47th Street
Torre Banco General 20th Floor
P.O. Box 0816-00265
Panama, Rep. of Panama

Service Fees



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| 2009 | Popular Bank, LTD. Panamá, Republic of Panamá.