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Feb 29, 2004

Letter from a CEO

Banco Popular Español, takes a common-sense approach to IR

Dear readers,At Banco Popular Español, we have a common-sense approach to IR. We have always understood our main goal is to help maximize shareholder value in the long and medium terms and, as much as possible, in the short term. Transparency and timeliness are essential to this strategy.In practical terms, the maximization of shareholder value is often benchmarked to the trending of the bank’s market capitalization, so we pay close attention to it. But we also realize our performance

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