Our revamped Institutional Report aims to strengthen our accountability to society

The Banco de España has just presented its latest Institutional Report, a publication that has been fully revamped to strengthen transparency and accountability. Transparency is one of the four pillars on which the Strategic Plan 2030 is based. In plain and accessible language, the report describes our activity in 2025, the services we provide and how our policies and actions serve society.

A report aligned with the Strategic Plan 2030

The Institutional Report has been thoroughly updated to meet the “clearer accountability” objective established in the Transparency pillar of the Strategic Plan 2030 that we adopted almost a year ago.

Greater transparency in accountability is one of the Banco de España’s main objectives; the latest Institutional Report is designed to deliver on this

The report includes new forms of communication, with more accessible information and more details on how we use public funds and the impact of our policies.

The main improvements in the report include:

• Plain language, accessible to non-expert readers.
• Improved design and graphics, including more information on the report website.
• A simpler structure, organised in three clearly separate parts.
• A shorter report, prioritising milestones without sacrificing content.
• Focus on results, explaining what we have achieved and why it is important for society.

The key milestones

The first part of the report addresses the highlights of the Banco de España’s activity in 2025, focusing on how we contribute to economic stability and protect consumers.

Figure 1 summarises the main actions taken and provides some data on our work, focused on:

• contributing to price stability through our role in Eurosystem monetary policy;
• safeguarding the soundness of the financial system;
• ensuring an efficient and secure payment system, including the digital euro project;
• protecting bank customers;
• analysing economic developments in detail.

Figure 1
BANCO DE ESPAÑA: MAIN ACTIONS AND  KEY DATA IN 2025 (click for more details)

SOURCE: Banco de España

Relationship with citizens and commitment to society

The second part of the report describes the Banco de España’s relationship with society, explaining how it promotes transparency and contributes to collective well-being. The aim is to build an institution that is connected to society, responds to present needs and is prepared for future challenges.

Our priorities, presented in more detail in Figure 2, include:

• becoming more open, granting easier access to the Banco de España’s services, document collection and data;
• preserving and sharing the Bank’s heritage;
• promoting environmental sustainability in all our actions;
• fostering financial education, since understanding the basics of economics and finance is crucial to decision-making, future planning and consumer protection.

Figure 2
HOW WE APPROACH OUR RELATIONSHIP WITH CITIZENS  AND COMMITMENT TO SOCIETY (click for more details)

SOURCE: Banco de España

The Banco de España’s annual accounts, an exercise in transparency

As a self-funded independent public entity, the Banco de España is accountable to society for how it manages its resources.

The report explains in detail the Bank’s economic and financial situation and how we use our funds, with profits going directly to the public coffers

The third and final part of the report presents the annual accounts and the balance sheet, providing in a transparent and detailed manner important and complete information on our economic and financial situation. The highlight of 2025 is that the Banco de España reported a profit, which goes directly to the Treasury, contributing to the public good.

A clearer report for greater accountability

The new Institutional Report reinforces transparency and provides a clearer message. The aim is to hold ourselves accountable in language that all readers can understand and to keep society informed about our activity and the impact of our work. We will continue to progress in this respect in the years to come.

Mª Luisa Boronat

• Head of Transparency Division
• Transparency and Communication Department