When was Banco Popular S.A. created?
Banco Popular was created on June 30, 1950, and on December 18 of the
same year it began operations in the San Agustín office, with a
capital of 700 thousand pesos and 7 founding employees. In 1951 it
opened its first branch in Manizales and the following year it began
its expansion process throughout the country. The Bank currently has
branches in 29 of Colombia's 32 departments and 193 offices
nationwide.
Which is Banco Popular's independent external audit firm?
The Shareholders' Meeting of Banco Popular, in its ordinary meeting,
re-elected KPMG as the company's Statutory Auditor.
What is Banco Popular's policy on sustainability issues?
Banco Popular has developed a comprehensive sustainability strategy,
aligned with the outcomes of its Double Materiality Assessment, and
reviewed and approved by its Board of Directors. This strategy is
structured around the Environmental, Social, and Governance (ESG)
pillars, and is fully integrated into the Bank’s business strategy, as
well as its commitment to its various stakeholders. The Bank’s
sustainability strategy is available in the following
section Sustainable Banco Popular.
What is the difference between Separate Financial Statements and
Consolidated Financial Statements?
The separate financial statements represent the results of Banco
Popular in its individual operations in Colombia. The consolidated
financial statements represent the results of Banco Popular and its
subsidiaries Alpopular and Fiduciaria Popular.