Banco Popular now turns neighborhood businesses into bank agents
Banco Popular Dominicano, well known for its internet banking system, now is promoting its Sub Agente Popular system that now turns neighborhood businesses into bank agents. Affiliates include colmados, pharmacies, hardware shops, even gas stations.
The bank announced that 475 affiliates that now soon be able to offer limited bank services that have been established in 68 municipalities in 27 provinces of the country. The subagents are located in 36 municipalities where previously the bank did not offer services.
The program began in April 2014 with 200 points of service, of which 70 are now in operation.
Banco Popular estimates that 60% of the population does not use bank services, and the new network is a way to bring the services closer to them and attract new clients.
Category: DR News |