Clearing Banks in Spain
As with banks worldwide there has been many mergers and buy outs with the big banks in Spain.
At present the two banking giants in Spain are the BSCH (Banco de Santander y Central Hispano), which resulted from the merger of the Santander, Central and Hispano banks and the BBVA (Banco Bilbao Vizcaya Argentaria) which is the result of the merger of two major banks including the originally state-owned Argentaria.
Other important banks in Spain include the Banco de Andalucia, Banco Atlantico and Banco Zaragozano. Most large towns have at least one branch of the main banks and in cities there are several branches. Smaller towns usually have a very limited number of banks (perhaps just one) and villages sometimes will have none at all.
