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Liderando el ataque al “monolito”: la banca francesa en España desde 1959


  • Rafael Castro Balaguer

    () (Universidad Complutense de Madrid)


As the oldest foreign bank presence in the country, the second half of the 20th means for French banking the search of a place in the difficult Spanish bank market. Following the legislation and economy evolution, French banks diversified their financial supply in the sixties, lent capitals in the seventies and the eighties, and tried to compete with Spanish commercial banks in the nineties. Its evolution, for almost fifty years, permits us to analyze an episode of foreign direct investment (FDI), focused, in this occasion, in transnational banking. This paper tries to contribute in the debate about persistent and changing patterns of FDI in a host country in the long run. KEY Classification-JEL: N64, N74, N84

Suggested Citation

  • Rafael Castro Balaguer, 2009. "Liderando el ataque al “monolito”: la banca francesa en España desde 1959," Investigaciones de Historia Económica (IHE) Journal of the Spanish Economic History Association, Asociacion Espa–ola de Historia Economica, vol. 5(01), pages 133-168.
  • Handle: RePEc:ahe:invest:v:05:y:2009:i:01:p:133-168

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    More about this item


    Banking; FDI (foreign direct investment); Spain- France; 20th century;

    JEL classification:

    • N64 - Economic History - - Manufacturing and Construction - - - Europe: 1913-
    • N74 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: 1913-
    • N84 - Economic History - - Micro-Business History - - - Europe: 1913-


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