The Banco de España's Institutional Report 2024 is an exercise in transparency and accountability that reflects:
What we do and how we are organised
The arrival of the new Governor, in September 2024, marked a new chapter, reflected in the new organisation chart and the Strategic Plan 2030.
Our accountability and relations with the public
Transparency is essential for accountability and to guarantee our independence.
For this reason, we are working to strengthen our links with society and to communicate, clearly and effectively, our mission, our role and our functions.
Our activities
The Banco de España conducts activities of various kinds, aiming to achieve price stability and to safeguard the robustness of the financial system. This contributes to sustainable growth and the well-being of society.
How we fulfil our institutional social responsibility
By conserving and restoring the historical heritage entrusted to us and by providing grants for research work and for educational and cultural activities and other beneficent work.
Our resources and the financial outcome of our activity
In the exercise of the functions entrusted to us, we generate income and incur various expenses. Any profit we make is transferred to the Treasury.
The Institutional Report in a nutshell
(5 MB)Foreword by the Governor
"Engaging with the public is not simply a matter of efficiently discharging the functions entrusted to us by law, but rather also of explaining our work, detailing our activities, breaking down our annual accounts, describing what our workforce looks like, making our archives accessible, and so on. In short, opening the institution up to society and showcasing our work."
Introduction by the Deputy Governor
"As is only to be expected when dealing with a year such as 2024, the report includes a section that looks at our work to assist the general public and monitor the impact of the DANA in more than 70 municipalities in late October. Our Valencia branch office played a crucial role in all of the extraordinary efforts made during that particularly challenging time. This is why we made sure to include it in this report, for we know that the work of our branch offices truly matters."