Feb 9 • 04:45 UTC 🇪🇸 Spain El País

The Bank of Spain plans to open a financial education center and museum in the former mansion of a countess in Madrid

The Bank of Spain is set to open a financial education center and museum in a historic mansion in Madrid, aiming to foster financial literacy and provide internal training.

The Bank of Spain has announced plans to transform the historic Quinta de Torres Arias mansion into a financial education center and museum. This initiative is part of their effort to promote financial literacy among the public while also providing a dedicated training space for their own staff. The mansion, once owned by the Countess of Torre Arias, was generously donated to the municipality with the stipulation that it be used for cultural and public interest purposes, thereby aligning with the institution's objectives.

Located in the San Blas-Canillejas district of Madrid, the mansion has historical significance dating back to the 16th century. Although the surrounding park opened to the public in 2017, the mansion and its stables have remained inaccessible. By repurposing this property, the Bank of Spain aims not only to educate citizens on financial matters but also to celebrate the cultural legacy of the building itself, ensuring that it remains a vibrant part of the local community.

This development reflects a broader trend in Spain towards enhancing public financial education, particularly in the wake of economic challenges posed by recent global events. With financial literacy still a crucial gap for many citizens, the new center could play an instrumental role in helping individuals make informed decisions about their finances, potentially leading to greater economic resilience among the Spanish population.

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