Banco Popular Espanol SA sold senior unsecured bonds for the first time since 2011 as three-year loans from the European Central Bank buoy the region’s lenders.
Banco Popular Espanol SA, Spain’s sixth-biggest lender, is focused on opening a branch in Turkey, said Juan Echanojauregui, head of international banking.
Citigroup Inc. agreed to sell its consumer banking business in Spain to Banco Popular Espanol SA as the U.S. lender focuses on the world’s top urban centers.
Spanish lender Banco Popular Espanol SA is holding talks with Citigroup Inc. to buy the U.S. bank’s retail and credit-card businesses in Spain.
Banco Popular SA, a Colombian lender, sold 400 billion pesos ($226.5 million) of bonds in the domestic market.