Abstract

AbstractCommercial Banking (MIC: 8.1 SIC: 6022 NAIC: 522110)Popular is a diversified holding company incorporated under the laws of the Commonwealth of Puerto Rico. As of Dec 31 2004, Co. had total assets of $44.40 billion. Co.'s principal subsidiary, Banco Popular de Puerto Rico, is a consumer‐oriented bank operating 192 branches and over 560 automated teller machines in Puerto Rico. The bank also operates seven branches in the U.S. Virgin Islands, one branch in the British Islands and one branch in New York. Co. has three other principal subsidiaries; Popular Securities, Inc., Popular International Bank, Inc. and EVERTEC, Inc.

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