Banco de España
Carles Manera reappointed to Banco de España Governing Council
Carles Manera has been reappointed to the Governing Council of the Banco de España for another six-year term.
Focus
Spanish market competition stable despite rising concentration
A Banco de España study finds no widespread deterioration of aggregate competition indicators in Spain over the past two decades.
Spain's economy resilient amid global turbulence, productivity key
Banco de España Director General David López Salido presented the Annual Report 2025, highlighting Spain's robust economic growth in 2025 despite global turbulence from tariffs and an oil shock.
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Escrivá: Europe needs less regulation, more housing
Banco de España Governor José Luis Escrivá called for a reduction in European banking regulation and highlighted the severe housing shortage in Spain.
Escrivá: Banking union, digital euro crucial for EU growth
Bank of Spain Governor José Luis Escrivá emphasized the critical role of completing the Banking Union and advancing the digital euro to boost European competitiveness.
Spanish business activity recovers in Q2, Iran war raises costs
The Bank of Spain's Business Activity Survey (EBAE) indicates a recovery in Spanish business activity during Q2 2026, with increased turnover, employment, and investment.
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Spain's economy resilient, faces housing and productivity hurdles
Banco de España's Director General de Economía, David López Salido, presented the Annual Report 2025 on June 18, 2026.
Núñez: Guarantee funds essential for financial stability
Soledad Núñez, Deputy Governor of the Bank of Spain, emphasized the crucial role of investment guarantee mechanisms at the 25th anniversary of FOGAIN.
Government debt falls to 101.6 percent of GDP in Q1 2026
Spain's general government debt decreased to 101.6 percent of GDP in the first quarter of 2026, a 1.7 percentage point reduction from a year earlier.
Bank acquisitions shield risky borrowers from credit crunch
A Banco de España working paper finds that distressed bank acquisitions using the sale-of-business tool can stabilize credit supply.
Spain's non-banking fintech sector grows 50 percent
The Banco de España's Non-Banking FinTech Industry Observatory, an experimental statistic, reveals a 50 percent increase in Spanish fintech entities with available financial statements between 2018 and 2023.
CECL model reduces investor processing efficiency in banks
A Banco de España working paper finds that the Current Expected Credit Loss (CECL) model impairs equity investors' ability to efficiently process banks' earnings announcements.