Banks in Spain began their most outstanding development in the twentieth century, however a kind of bank reference not only goes back to this century but that goes back in time to the year 1857 where the creation of the Bank of Bilbao and Santander were shown before the public in general and to bankers as excellent options to develop. On the other hand the history of Spanish banks can claim it is not old, since only the most distant precedents dating from 250 years ago with the banking or caja de Madrid you can say that in its infancy was more akin to a bank in Spain. During the development of the Spanish banks the bankers played a fundamental role in them, since they were introduced to the banking market new technologies, commercial techniques, financial trends and movements, not to mention that in turn became increasingly more analytical, learned to reduce costs and became more competitive among them; all this development and innovation allowed for 20th century banks began the great heyday and utility that conserved until today, thus benefiting through this competition users, because as it is commonly known market competition directly benefits the consumer. For today the banks or the Spanish banking sector is ranked as one of the strongest existing, since this thanks to low interest rates and other important virtues is presented to the world as one of the best sectors to invest. It is worth mentioning that Spanish banking movement obtained a very important advance when established EU Member Nations, since this way they modified and improved some important sectors of the Spanish banking sector, because this adopted certain important countries like England and low Europe banking trends. It is possible to say that the growth obtained by the Spanish bank is due in large part to the enormous possibilities that provide banks of that country in aspects as important economically as much social investment in infrastructure and low interest loans that it made people purposes as free investment and the creation of micro and medium-sized enterprises, not to mention recognizable support that gives you such a bedplate public emprendista.
It is very good to mention some of the most important Spanish banks that thanks to their services, care, branches and quality, are shown to the general public and investor as the best options to develop any financial plan that will keep in mind. Some of these banks are: Banco Santander. Bank Atlantic. Bank of Spain. Banco de Valencia.
Citibank Spain. Deutsche bank Spain. Lloyds TSB bank PLC. Credit Suisse Spain. Among other equally well-known. Given the above arguably the Spanish banking sector is one of the most suitable and recommended to perform actions such as investing or making loans, since in this particularly thrifty and economic benefits are very favourable both for investors and for lending people.