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Banco Popular S.A. (Honduras)

Main Activities: Commercial Banking
Full name: Banco Popular S.A. Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Banco Popular, S.A., was founded in May 2010 when the international shareholders ACCION Investments (IFC), (FMO), (BIO) and (BCIE) acquire 99.32% stake in Banco Popular Covelo, S.A., capitalized the bank with 120.6 million lempiras and decided to change the name of the bank to Banco Popular. It is a financial institution that is dedicated to providing financial services to low-income population specifically to Small and Medium Enterprises (MSMEs) segment. It has a network of 22 agencies into ten departments.

Headquarters
Colonia Los Castanos Sur Ave Ramon E Cruz
Tegucigalpa; Tegucigalpa;

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Website: http://bancopopular.hn

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2008
Key Executives
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President
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Vice President
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Managing Director
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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28.96%
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17.76%
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17.76%
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17.76%
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17.76%
Company Performance
Financial values in the chart are available after Banco Popular S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency HNL. Absolute financial data is included in the purchased report.
Net interest income
-25.45%
Net fee and commission income
5.12%
Operating profit (EBIT)
-91.69%
Net Profit (Loss) for the Period
-95.83%
Total assets
8.01%
Total equity
-2.41%
Total Assets Trend
-8.22%
Net Interest Income Trend
N/A
Cost to Income Ratio
10.62%
Loans to Deposits Ratio
7.57%
Loans to Asset Ratio
-1.69%

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