Slimming down the Bank of Spain

SPECIAL FEATURE - Like all the central banks of the Eurosystem, the Bank of Spain is grappling with the implications of its status as one central bank within the larger federal. CentralBankNet reports from Madrid on how the restructuring is being carried out.

Like many central banks in Europe, the Bank of Spain has traditionally maintained a large branch network comprising, until last year, 52 branches operating throughout Spain, and including one in Africa. These branches provided banknotes to

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