Remuneration of members of the governing bodies and senior management

In accordance with Law 13/1994 of 1 June 1994 of Autonomy of the Banco de España, the remuneration and other employment conditions of the Governor, Deputy Governor and council members are set by the Minister for Economic Affairs and Finance, at the proposal of the Bank's Governing Council. Parliament is informed of these remuneration and employment arrangements.

For its part, the Executive Committee appoints the directors general and staff and sets their salaries in accordance with the Bank's Internal Rules and the general guidelines approved by the Governing Council.

This section contains disclosures of the remuneration of the members of the governing bodies and senior management for the last two years and any compensation received upon departure from office.