Banco Popular

With a presence in the United States, Latin America and the Caribbean, Banco Popular has 65 percent of the market share in its home base of Puerto Rico.

About Banco Popular

Founded in 1893, Banco Popular is the largest banking institution by both assets and deposits in Puerto Rico. It offers a suite of financial and non-financial services, with a focus on meeting the distinct needs of its customers. The bank serves more than 1.5 million retail customers and 70,000 commercial customers in Puerto Rico and the Virgin Islands alone, including large corporations and small and medium enterprises (SMEs), through a network of 177 branches and 646 ATMs. In the United States, operating as Popular Community Bank, the company delivers financial services across 50 branches in New York, New Jersey and Florida.

The Program

Banco Popular has always had a strong mission to bring financial services to those without access and strengthen the communities in which it operates. As part of this mandate, the bank launched the Echar Pa’lante program several years ago to foster an entrepreneurial mind-set, with the aim of boosting the country’s economy. The bank launched the next phase of this program, Start-Up Popular, in 2016, seeking to finance some of these ventures and offer trainings to entrepreneurs, with a special focus on women. The bank also rolled out a comprehensive diversity initiative that offers a number of educational programs intended to close women’s financial knowledge gaps. The bank is a proud supporter of the Ellevate organization, a network of professional women, and Grameen Bank, which lends exclusively to women.

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900,000 of
Banco Popular’s
1.5 million customers
in Puerto Rico and
the Virgin Islands
are women.

68 percent of the
bank’s employees
are women.


The Opportunity - Puerto Rico

  • 103%

    Average salaries of working women in Puerto Rico compared to men, the 2010 US Census found.
  • 33%

    of Puerto Rican women were active in the workforce in 2017, World Bank data showed.
  • 66%

    of women in the country over age 15 had an account at a financial institution as of 2017, according to Findex.
  • 19%

    of Puerto Rican women saved money at a financial institution in 2017, Findex found, but 40% of all women saved money that year.