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Filed Pursuant to Rule 424(b)(3)
Registration No. 33-61601
Pricing Supplement, dated February 27, 1997
to Prospectus Supplement dated October 6, 1995
to Prospectus dated September 27, 1995
BANPONCE CORPORATION
Medium-Term Notes, Series 2
Due From Nine Months to 30 Years From Date of Issue
PRINCIPAL AMOUNT . . . . . . . . . . . . . . . . $25,000,000.00
ORIGINAL ISSUE DATE. . . . . . . . . . . . . . . March 4, 1997
MATURITY DATE. . . . . . . . . . . . . . . . . . March 3, 2000
GLOBAL NOTE. . . . . . . . . . . . . . . . . . . Yes
INITIAL INTEREST RATE. . . . . . . . . . . . . . 6.488%
INTEREST RATE BASIS. . . . . . . . . . . . . . . Fixed
INDEX MATURITY . . . . . . . . . . . . . . . . . N/A
SPREAD . . . . . . . . . . . . . . . . . . . . . N/A
INTEREST RATE RESET PERIOD . . . . . . . . . . . N/A
INTEREST PAYMENT PERIOD. . . . . . . . . . . . . June 15, December 15, and at
maturity. (First interest
payment 06/15/97).
The proceeds from the issuance of the Note to which this Pricing Supplement
relates will be used to finance BanPonce Corporation subsidiaries.
