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Filed pursuant to Rule 424(b)(2)
Registration No. 33-61601-01
Pricing Supplement, dated March 25, 1996
to Prospectus dated September 27, 1995 and
Prospectus Supplement dated October 6, 1995
BANPONCE FINANCIAL CORP.
MEDIUM-TERM SERIES C
Due From Nine Months to 30 Years From Date of Issue
Payment of Principal, Premium, if any, and Interest
Unconditionally Guaranteed by
BANPONCE CORPORATION
PRINCIPAL AMOUNT....................................... U.S. $5,000,000.00
ORIGINAL ISSUE DATE.................................... March 27, 1996
MATURITY DATE ......................................... March 29, 1999
GLOBAL NOTE............................................ Yes
INITIAL INTEREST RATE.................................. 6.34%
INTEREST RATE BASIS.................................... Fixed
INDEX MATURITY......................................... N/A
SPREAD................................................. N/A
INTEREST RATE RESET PERIOD............................. N/A
INTEREST PAYMENT PERIOD................................ Semi Annually:
June 15 and December 15.
The proceeds from the issuance of the Note to which this Pricing Supplement
relates will be used to finance Equity One, Inc. operations.