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Banco de España's Overview

Total employees2343
HeadquartersMadrid
Founded1782

Banco de España is the national central bank of Spain and an integral member of the European System of Central Banks (ESCB) and the Eurosystem. Its primary missions include maintaining price stability, supervising the solvency of the Spanish banking system, promoting financial stability, and executing the Eurozone's monetary policy in Spain. It also manages foreign currency reserves, ensures the smooth functioning of payment systems, and issues legal tender banknotes.

Where is Banco de España's Headquarters?

HQ Function

Serves as the central administrative and operational core, housing main departments, governing bodies, and historical archives. It is where key national contributions to Eurosystem monetary policy are managed and Spanish financial system oversight is centered.

Notable Features:

An architecturally significant 19th-century building (main building constructed 1884-1891) featuring a grand façade, ornate interiors like the 'Patio de Operaciones' (main operations hall), a vast library, and art collections. The building is a designated Bien de Interés Cultural (Heritage of Cultural Interest).

Work Culture:

Characterized by a formal, professional, and analytical environment typical of a major public financial institution. Emphasis is placed on precision, economic research, regulatory compliance, and public service, attracting highly qualified economists, financial experts, and civil servants.

HQ Significance:

Symbolizes the financial stability and economic governance of Spain. Its prominent location and historical stature underscore its crucial role in the nation's economy and its connection to European monetary policy.

Values Reflected in HQ: The building's architecture and operations reflect values of stability, authority, prudence, transparency, and national economic stewardship.

Location:

Banco de España's primary international role is through its membership in the Eurosystem, contributing to the single monetary policy of the Eurozone alongside the European Central Bank (ECB) and other national central banks. It actively participates in various ESCB committees and working groups. Furthermore, Banco de España engages with global financial institutions such as the International Monetary Fund (IMF), the Bank for International Settlements (BIS), the Financial Stability Board (FSB), and the Organisation for Economic Co-operation and Development (OECD). It also maintains bilateral relations and offers technical cooperation, particularly with central banks in Latin America.

Street Address:

Calle de Alcalá, 48

City:

Madrid

State/Province:

Madrid

Country:

Spain

Banco de España's Global Presence

Barcelona, Catalonia, Spain

Address: Plaza de Cataluña, 17, 08002 Barcelona

Ensures the operational reach of the central bank in Spain's second-largest city and a vital economic hub, facilitating financial operations and data gathering for the region.

Valencia, Valencian Community, Spain

Address: Calle Barcas, 6, 46002 Valencia

Supports the financial infrastructure and economic oversight in a significant Mediterranean economic region of Spain.

Seville, Andalusia, Spain

Address: Plaza de San Francisco, 17, 41004 Sevilla

Extends the Banco de España's presence and services to Southern Spain, a key agricultural and touristic region.

Buying Intent Signals for Banco de España

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Banco de España

As of April 2025, Banco de España' leadership includes:

Pablo Hernández de Cos - Governor
Margarita Delgado - Deputy Governor
Juan Ayuso Casals - Director General Economics, Statistics and Research
Mercedes Olano - Director General Operations, Markets and Payment Systems
Ángel Estrada - Director General Financial Stability, Regulation and Resolution
Mariano Herrera - Director General Supervision

Investors of Banco de España

Banco de España has been backed by several prominent investors over the years, including:

The Spanish State

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

Executive leadership at Banco de España saw a key transition at the Director General level in the past year due to a retirement and a subsequent new appointment. The top positions of Governor and Deputy Governor have remained stable, with their current terms scheduled to conclude in mid-2024.

Departures

Concha Jiménez, Concha Jiménez retired from her role as Director General of Operations, Markets and Payment Systems.

New Appointments:

Mercedes Olano, Mercedes Olano appointed as new Director General of Operations, Markets and Payment Systems.

Technology (Tech Stack) used by Banco de España

Discover the tools Banco de España uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Banco de España Email Formats and Examples

Banco de España does not publicly disclose its internal email format structure. However, email addresses for personnel at Spanish public institutions often utilize a combination of name and initials. For official communications, it is recommended to use the contact forms or general inquiry addresses provided on the Banco de España website.

A common pattern could be [first_initial][last_name]@bde.es or [first_name].[last_name]@bde.es. Example: `[flast]@bde.es`.

Format

mhernandez@bde.es

Example

60%

Success rate

News and media

Banco de España Press ReleasesApril 30, 2024

Banco de España publishes its spring 2024 Financial Stability Report

The Banco de España released its spring 2024 Financial Stability Report, noting the Spanish financial system's resilience while highlighting risks from geopolitical tensions, persistent inflation, and the impact of higher interest rates on vulnerable households and firms....more

ReutersMay 7, 2024

Spain needs 'ambitious' fiscal consolidation plan, says central bank chief

Banco de España Governor Pablo Hernández de Cos stated that Spain requires an 'ambitious' medium-term fiscal consolidation plan to address its high structural budget deficit and public debt levels....more

ReutersMarch 26, 2024

Spain's central bank sees lower public deficit, debt in 2024

The Bank of Spain forecast a decrease in the public deficit to 3.5% of GDP in 2024 from 3.7% in 2023. Public debt is also projected to fall to 106.3% of GDP in 2024 from 107.7% the previous year....more

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