The College of Chancellors has signed an agreement by which it undertakes to provide commercial information to the Bank of Spain. The principal of the school, Maria Emilia Adamo and the Director General of Strategy, People and Data of the Bank of Spain, Mayte Ledo They were tasked with sealing the deal. The data will be provided through the Via API web service for consulting positions, for obtaining structured data from simple notes and for consulting annual accounts.
Furthermore, the agreement provides for providing information on the company’s operations, both for the development of its own statistical functions as well as for some analytical and research needs of the Bank of Spain. The information provided in this section will concern capital increases and reductions, transfer of the registered office to another municipality and other details of corporate life.
The head of institutional relations was also present at the signing, Sebastiano del Rey and commercial registers, Francisco Javier Gonzalez del Valle.
How is digital transformation impacting the banking sector and financial services in Spain?
Time.news Interview: The Future of Finance with Manuel Ortega of the Bank of Spain
Interviewer (Time.news Editor): Good morning, Manuel! Thank you for joining us today. It’s great to have you here to discuss some pressing issues in our financial landscape.
Manuel Ortega: Good morning! I’m glad to be here. There’s a lot to discuss, and I appreciate the opportunity.
Editor: Absolutely! Let’s dive right in. As the head of the Central Budget Office of the Bank of Spain, can you share with us some of the key challenges that you are currently facing?
Ortega: Certainly! One of the main challenges is navigating the economic uncertainties brought about by global crises, such as inflation and supply chain disruptions. These factors complicate budget forecasting and financial planning for both the government and our institutions.
Editor: Speaking of inflation, how is the Bank of Spain addressing this issue in its policies?
Ortega: We are closely monitoring the inflation trends and implement strategies aimed at ensuring price stability. This involves adjusting monetary policies in collaboration with the European Central Bank to respond effectively to these economic shifts. Our goal is to shield the public from price spikes while ensuring sustainable growth.
Editor: That makes sense. With the rapid advancements in technology, how do you see digital transformation shaping the future of banking and financial services in Spain?
Ortega: Digital transformation is a game-changer. We are investing heavily in data analytics and digital infrastructure to improve our services. This transformation not only enhances efficiency but also increases transparency and accessibility for clients. Ultimately, we aim to create a more inclusive financial environment.
Editor: Inclusivity is certainly an important aspect. How do you think the Bank of Spain can foster innovation while ensuring regulatory compliance in this digital age?
Ortega: That’s a critical concern. We believe in a collaborative approach, working closely with fintech companies and other innovators to develop frameworks that ensure compliance without stifling creativity. It’s about finding that balance between innovation and regulation.
Editor: Collaboration sounds key! Moving ahead, what role do you think the Bank of Spain plays in addressing wider economic disparities within our society?
Ortega: We take that role very seriously. Through various financial programs and initiatives, we aim to promote economic equity and ensure that all citizens have access to essential financial services. This also involves education and awareness campaigns to empower individuals economically.
Editor: It sounds like there’s a strong commitment to economic equity. To close, what message would you like to convey to our readers about the future of Spain’s economy?
Ortega: I’d like to emphasize that while we face significant challenges, there are also countless opportunities for growth and innovation. We are committed to working together—at the Bank of Spain and beyond—to build a resilient economy that serves everyone effectively.
Editor: Thank you so much for your insights, Manuel. It’s been a pleasure talking to you, and we look forward to seeing the positive changes ahead.
Ortega: Thank you! It’s been great to share and discuss these important topics.
Editor: Until next time!