1
                                                Filed Pursuant to Rule 424(b)(2)
                                                       Registration No. 33-61601


                   Pricing Supplement, dated April 3, 1996
                  to Prospectus dated September 27, 1995 and
                 Prospectus Supplement dated October 6, 1995

                             BANPONCE CORPORATION

                             MEDIUM-TERM SERIES 2

             Due From Nine Months to 30 Years From Date of Issue

             Payment of Principal, Premium, if any, and Interest





                                                         
PRINCIPAL AMOUNT..........................................  U.S. $30,000,000.00

ORIGINAL ISSUE DATE.......................................  April 8, 1996

MATURITY DATE.............................................  April 8, 1999

GLOBAL NOTE...............................................  Yes

INITIAL INTEREST RATE.....................................  6.378%

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 the       
                                                            maturity date.




The proceeds from the issuance of the Note to which this Pricing Supplement
relates will be used to finance BanPonce Corporation Subsidiaries.