Some important context that the article overlook: Spain was until recently the country with most bank branches per citizen, and after the financial crisis the n

Some important context that the article overlook: Spain was until recently the country with most bank branches per citizen, and after the financial crisis the number of banks has decreased from about 60 to about 6 due to M&A activity. Merges and acquisitions continue to be planned. In the last 5 years, a third of all branches has been closed.