The Banco de España is a public law entity which performs the functions of a national central bank in Spain. It is also responsible for the supervision of the Spanish banking system and of other financial intermediaries operating in Spain.
The Banco de España performs these functions as a member of the following European institutions: the European System of Central Banks (ESCB), the Eurosystem, the Single Supervisory Mechanism (SSM) and the Single Resolution Mechanism (SRM).