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 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. As of December 31, 2010, the Bank had majority owned subsidiaries Alpopular Almacen General de Depositos SA, Fiduciaria Popular SA and Aladdin Cargo SA; as well as a minority stake in Inca Fruehauf SA. In addition, the Company operated a network of 174 branches and 787 automated teller machines (ATMs) located nationwide.
