Banco Español de Crédito, S.A., "Spanish Credit Bank" better known as Banesto, was a Spanish multinational financial services company. Prior to the Spanish Government's historical intervention in 1993
The former Banesto headquarters in Calle de Alcalá
Cayetano Sánchez Bustillo, first Chairman of Banesto, 1908
A Banesto branch in Oviedo, Spain
Banco Español de Crédito on Plaça de Catalunya, Barcelona
Mario Antonio Conde is a Spanish businessman, former banker, state lawyer and politician. He served as chairman of Banesto from November 1987 to December 1993, when he was dismissed and the firm inter
Banco Español de Crédito
…around 1,770 branches, as well as the fifth-largest company of the IBEX 35. The ambitious capital increase planned in 1993 by its Executive chairman Mario Conde together with J.P. Morgan became the biggest restructuring plan in the history of Europe, involving asset sales and a rights issue of US$1.2 billion…
Conde (left) and Alfonso Escámez (centre) during a reception given by Prime Minister Felipe González (right) concerning the Banesto-Banco Central merger, 1988