Private company

Banco Popular Dominicano

Dominican bank

Banco Popular Dominicano, S.A. - Banco Múltiple, trading as Banco Popular Dominicano (BPD), is a bank providing retail and commercial banking services; it was the largest lender in the Dominican Republic until 2023, when it was narrowly overtaken by Banreservas. It is a wholly-owned subsidiary of the financial conglomerate Grupo Popular, S.A. The company, which is known in the Dominican Republic as Banco Popular, has over 6,800 employees, three million customers, a credit portfolio of 3.7 million dollars, and 6.1 million dollars in assets as of 2014.2 It was founded by Alejandro Grullón.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Torrepopular
Photo: Manuelborrell, CC BY-SA 3.0, via Wikimedia Commons3

Banco Popular Dominicano, S.A. - Banco Múltiple, trading as Banco Popular Dominicano (BPD), is a bank providing retail and commercial banking services; it was the largest lender in the Dominican Republic until 2023, when it was narrowly overtaken by Banreservas. It is a wholly-owned subsidiary of the financial conglomerate Grupo Popular, S.A. The company, which is known in the Dominican Republic as Banco Popular, has over 6,800 employees, three million customers, a credit portfolio of 3.7 million dollars, and 6.1 million dollars in assets as of 2014.2

The story

Founded by Alejandro Grullón.1

Leadership

Who has led Banco Popular Dominicano, and when. Pick a name to see everywhere that person has worked.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$200.0M 2024–2024
Money received by yearMoney received by year, 2024–2024: $200.0M in all. Federal loans $200.0M.$0$50M$100M$150M$200M2024 · Federal loans: $200.0M2024
Figures by year
YearFederal loansTotal
2024$200.0M$200.0M

Federal awards

Obligated amounts from USAspending.gov4, by calendar year, since 2008, for its registration. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.

Largest federal loans

  1. Jun 28, 2024$200.0M from U.S. International Development Finance Corporation: Debt Financing5 To BANCO POPULAR DOMINICANO, S.A. Award 9000116397