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Thread: 07/2014 - Opening a Bank Account in the DR

  1. #21
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    Re: 07/2014 - Opening a Bank Account in the DR

    Quote Originally Posted by Seņor JDR of Medellin View Post
    These banks are not related.
    I believe it's safe to say It is two completely separate banking entities owned by the same corporation.
    If you think it's love try not paying in the morning..

    "Do not regret growing older. It is a privilege denied to many."

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  3. #22
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    Re: 07/2014 - Opening a Bank Account in the DR

    Quote Originally Posted by MrHappy View Post
    I believe it's safe to say It is two completely separate banking entities owned by the same corporation.
    When I walked into the one in NYC many years ago, I didn't get that impression.

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  5. #23
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    Re: 07/2014 - Opening a Bank Account in the DR

    Quote Originally Posted by JDR View Post
    When I walked into the one in NYC many years ago, I didn't get that impression.

    What was it that didn't give you that impression? But, for what it's worth, they are going to pull out of the stateside market...

    "Grupo Popular, S.A. hereby informs its customers, shareholders and the general public that its Board of Directors has updated the 2011-2014 Strategic Plan as well as its role in international business and has therefore decided to cease operations of BPD Bank in New York and Miami in order to concentrate the business in markets of greater growth and profitability, as well as to continue to expand in our Dominican Republic market and in the Latin American region with new products and services."




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  7. #24
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    Re: 07/2014 - Opening a Bank Account in the DR

    Quote Originally Posted by MrHappy View Post
    What was it that didn't give you that impression?
    They said it was a different bank with the same name.

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