Banco Popular, grows 28% in individual deposits, the largest growth in its category
María Fernanda Suárez Londoño, president of Banco Popular. Photo: Courtesy
TL;DR
- Banco Popular moved from losses of $200,000 million pesos in 2024 to profits of $15,000 million pesos in 2025.
- The bank led in the 'silver economy' strategy, focusing on financial products and services for individuals over 50.
- Deposits from natural persons grew by 28%, the highest growth in the financial system.
- Commercial credit portfolios grew significantly, nearly double the market rate.
- The non-performing loan ratio decreased to a healthy 2.5%, outperforming the system average.
- Increased interest rates are expected due to government debt levels and inflation expectations.
- Banco Popular is preparing for higher borrowing costs by managing risk and offering long-term savings products with incentives.