Banco Popular S.A. provides various banking and financial products and services to individual and corporate customers in Colombia. It offers savings and checking accounts; and overdrafts, remittance collections, negotiated remittances, ordinary commercial credits, microcredits, contingent credit guarantees, bank guarantees and acceptances, pledge discountable, labor overdrafts, letter of credit, and overdrafts-on exchange products, as well as debit and credit cards. The company also provides electronic banking, money market, forward and repo transactions, options, investment and voluntary pension funds, cash flow management, and personal accident and unemployment insurance products and services. In addition, it offers financial leasing products, such as housing, import, real estate, construction and infrastructure, mortgage, and rediscount lines, as well as factoring and vehicle financing services. Further, the company offers foreign trade products and services, including export, import, and standby letters of credit; international and import collections; current account in foreign currency; discounts in dollar portfolio; guarantees and standby letters of credit issued; reimbursement of payment orders; electronic transfers; credit lines; loans in US dollars; and foreign exchange remittances, as well as engages in the purchase and sale of foreign currency. Additionally, it offers ATMs, checks, banker’s drafts, checkbooks, special checks, correspondent banking, and payroll services, as well as collection of the social security contributions and taxes. The company was founded in 1950 and is based in Bogota, Colombia. As of November 21, 1996, Banco Popular S.A. operated as a subsidiary of Grupo Luis Carlos Sarmiento Angulo LTDA.
banco popular sa
(POPULA:Colombia Stock Exchange)
Calle 17 No 7-35
Phone: 57 1 339 5410
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