Banco Popular SA (Colombian Stock Exchange: POPULAR)


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Business Description
Banco Popular SA is a Colombia-based financial institution primarily engaged in the banking sector. The Bank's services and products include saving and current accounts, fixed-term deposits, debit and credit cards, consumer and commercial loans, foreign trade, financial assessment and other banking operations processing services to businesses and individuals. The Company operates through three business segments: Cars, where it offers credits for car purchases; Other Services, where it provides loans for the purchase of consumer goods; Credit Card for the purchase of goods through plastic card. The Bank is also involved in the insurance sector and offers unemployment and disability insurance policies, which are aimed principally at individuals. In addition, the Bank is active in the real estate sector. In addition, the Company operates a network of branches and automated teller machines (ATMs) located nationwide.