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The Internationalization of the Spanish financial system

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The Spanish financial System

Abstract

This chapter looks at how the Spanish financial system has opened up to the outside world in recent years. To that end, it examines the two main components of the system, namely the banking system and the stock market, and it looks at this process in both possible directions. The international integration of Spain’s financial system is hard to disentangle from that of its broader economy, and this process of opening up to the outside world has been an important feature of the evolution of the country’s financial system in recent years; indeed it has been one of the factors driving it.

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José Luis Malo de Molina Pablo Martín-Aceña

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© 2012 Banco de España

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Berges, Á., Ontiveros, E., Valero, F.J. (2012). The Internationalization of the Spanish financial system. In: Malo de Molina, J.L., Martín-Aceña, P. (eds) The Spanish financial System. Palgrave Macmillan, London. https://doi.org/10.1057/9780230361140_11

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