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The Bank of Spain (Spanish: Banco de España) is Spain's central bank and the Spanish member of the Eurosystem and has been the monetary authority for Spain from 1874 to 1998, issuing the Spanish peseta. Since 2014, it has also been Spain's national competent authority within European Banking Supervision. [3]
The IBEX 35 (IBerian IndEX) is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange.Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercados Españoles (BME), the company which runs Spain's securities markets (including the Bolsa de Madrid).
List of banks in Spain. This is a list of banks in Spain. Spain has 10 banking groups that are directly supervised by the European Central Bank. As of September 2021, the "big four" in Spain are: Banco Santander. BBVA. Caixabank. Banco Sabadell. There were formerly a "big six" (los seis grandes) composed of three banks that are now part of BBVA ...
Banknote production for the Bank of Spain began in 1940. A new building came into use in 1964, in which the passport and national identification card were produced. Later, bingo cards and tickets for the state-run lottery were printed.
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The Spanish property bubble is the collapsed overshooting part of a long-term price increase of Spanish real estate prices. This long-term price increase has happened in various stages from 1985 up to 2008. [1][2][3][4][5][6][7][8][9] The housing bubble can be clearly divided in three periods: 1985–1991, in which the price nearly tripled ...
The 2008–2014 Spanish financial crisis, also known as the Great Recession in Spain[1][2] or the Great Spanish Depression, began in 2008 during the world 2007–2008 financial crisis. In 2012, it made Spain a late participant in the European sovereign debt crisis when the country was unable to bail out its financial sector and had to apply for ...
In 1686 Spain minted a coin worth 8 reales provinciales (or only $0.80, known as the peso maria or peso sencillo) which was poorly received by the people. [ 1 ] An edict made in the same year which valued the peso duro at $1 = 15 and 2/34 reales de vellon proved to be ineffective as the various reales in circulation contained even less silver.