In order to stabilize the financial system, the Central Bank of Spain has taken several measures to cheaper loans. In particular, the decision to limit the rate of return on deposits. Read more »
Spain’s banking system is represented by the Bank of Spain (Banco de España), savings banks (Cajas), commercial banks (Banco) and foreign banks. In Spain, there are more than 30 banking institutions of national and regional importance. Major banks are BBVA and Santander Central Hispano (includes Banesto). Read more »