Federal Reserve Board announces approval of application by Abanca Corporación Bancaria, S.A.

The following press release was published by the Board of Governors of the Federal Reserve System on Oct. 1, 2018. It is reproduced in full below.

The Federal Reserve Board on Monday announced its approval of the application by Abanca Corporación Bancaria, S.A., Betanzos, La Coruña, Spain, to establish a state-licensed branch in Miami, Florida.

Attached is the Board's order relating to this action.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System