Spanish banks are financial institutions located in Spain that provide a range of services, including savings accounts, loans, and investment options. Major banks in Spain include Banco Santander, BBVA, and CaixaBank, which serve both individual and business customers. These banks play a crucial role in the country's economy by facilitating transactions and providing credit. The banking sector in Spain is regulated by the Bank of Spain, which ensures financial stability and consumer protection. Following the 2008 financial crisis, Spanish banks underwent significant reforms to strengthen their balance sheets and improve risk management practices, contributing to a more resilient banking system today.