Spain · Credit institution
Banca March S.A
Legal name in the LEI recordBANCA MARCH SA
Banca March, S.A. is a Spanish bank incorporated as a sociedad anónima, with its registered office in Palma de Mallorca. It was founded in Palma in 1926 and describes itself as 100% family-owned. Its shareholders are four March Delgado siblings. The bank concentrates on private and wealth banking, corporate advisory and personal banking in Spain, and it operates a branch in Luxembourg. It sold 49% of Inversis to Euroclear in March 2025 and a further 41% in September 2026.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers. It is on the ECB list of supervised entities (see Regulatory status): that is banking supervision, not a licence on a tracked register.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Regulatory status
ECB banking supervision
List of supervised entities as of 2026-07-01
- Classification
- Less significant institution
- Supervisor
- Banco de España (with ECB oversight)
- Listed as
- Banca March, S.A.
- Entity type
- Credit institution
- Remarks
- HI: supervised entities which are classified as high-impact LSIs.
European registers
ECB · monetary financial institutions
List as at 2026-09-25
- Category
- Credit institution
- Minimum reserves
- Subject to minimum reserves
- Listed as
- Banca March, S.A.
- RIAD code
- ES0061
ESMA · MiFID II register
Register as at 2026-09-28
| Entry | Competent authority | Authorised | Services or instruments |
|---|---|---|---|
| Investment services (MiFID II) | Comisión Nacional del Mercado de Valores (CNMV) | 1947-03-17 | A1 A2 A3 A4 A5 A6 A7 A8 A9 B1 B2 B3 B4 B5 B6 B7 |
Service codes follow MiFID II Annex I: A for investment services, B for ancillary services. Hover a code for its meaning.
Entries are matched on the LEI. Each register is quoted as its publisher lists it.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- BMARES2MXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under BMARES2M directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT · SCT Inst · SDD Core · SDD B2B · OCT Inst · VOP · T2 · TIPS
- Branch codes
- None: head-office BIC only
- Other BIC with this LEI
- BMARLU2M
- BIC first registered
- 1986-02-17
- Last updated
- 2025-11-15
Overview
Researched 29 Sep 2026 · Sources
Ownership
Privately held
Institution type
Commercial bank
Trades as Banca March
- Ownership
- The bank is wholly owned by four siblings: Juan and Carlos March Delgado each hold 34.44%, and Gloria and Leonor March Delgado each hold 15.56%.
- Major shareholders
- Juan March Delgado 34.44% · 31 Dec 2016
Carlos March Delgado 34.44% · 31 Dec 2016
Gloria March Delgado 15.56% · 31 Dec 2016
Leonor March Delgado 15.56% · 31 Dec 2016 - Head office
- Avenida Alejandro Rosselló 8, Palma de Mallorca, Spain
- Company register
- Banco de España register of credit institutions, code 0061 (tax ID A-07004021)
- Name in the local language
- Banca March, S.A.
Business lines
The bank concentrates on private and wealth banking and on advisory services to companies, especially family businesses, and it arranges and distributes short-term corporate debt. The group holds 15.04% of Corporación Financiera Alba.
Online
- Websites & references
- bancamarch.es ↗
avantio.bancamarch.es ↗ Avantio digital banking and investment platform
blog.bancamarch.es ↗ corporate blog
Wikipedia ↗
Wikidata Q578252 ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Instagram ↗ · YouTube ↗
Sources · 15 pages consulted
- bancamarch.es
- bancamarch.es/gobiernocorporativo/en/
- bancamarch.es/gobiernocorporativo/en/organisational-chart/
- bancamarch.es/gobiernocorporativo/en/corporate-documentation/
- bancamarch.es/es/nosotros/grupo-banca-march/
- bancamarch.es/es/actualidad/noticias/banca-march-gano-242-millones-en-2025.html
- bancamarch.es/informe-anual-financiero-sostenibilidad-2025/en/
- bancamarch.es/es/informacion-legal/
- bancamarch.es/es/contacto/
- bancamarch.es/web/en/contact-us/
- bancamarch.es/resources/doc/gobiernocorporativo/2021/06/07/informes-de-gobierno-corporativo-201630983.p
- bancamarch.es/es/actualidad/noticias/banca-march-completa-la-venta-de-una-participacion-del-49-en-inver
- pressdigital.es/articulo/economia/2026-09-01/5999025-banca-march-culmina-venta-90-inversis-euroclear-casi
- infobae.com/espana/agencias/2025/04/07/la-cnmv-impone-a-la-gestora-de-banca-march-una-multa-de-1-mill
- en.wikipedia.org/wiki/Banca_March
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
José Luis Acea Rodríguez
Chief Executive Officer (Consejero Delegado)
- Chair
-
Juan March de la Lastra
Chairman
- Chief financial officer
- Nieves Vila Head of Finance Division
- Executive
-
Rita Rodríguez Arrojo
Executive Vice Chairman
- Executive
- Gustavo Requena Head of Regulatory Compliance
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Spain
- Banco de España Prudential supervisorCentral bankConduct
- Spain
- Comisión Nacional del Mercado de Valores (CNMV) SecuritiesConduct
- Spain
- Executive Service of the Commission for the Prevention of Money Laundering and Monetary Offences (SEPBLAC) AML supervisor
- Spain
- Fondo de Reestructuración Ordenada Bancaria (FROB) Resolution
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
The bank sold a further 41% of Inversis to Euroclear for EUR 221 million, bringing its total disposal to 90%.
pressdigital.es ↗ -
Enforcement
The CNMV fined March Asset Management, the group's fund manager subsidiary, EUR 1 million for a serious breach of collective investment rules.
infobae.com ↗ -
Merger / acquisition
The bank completed the sale of a 49% stake in Inversis to Euroclear for EUR 172 million.
bancamarch.es ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- BMARES2MXXX
- How the BIC breaks down
- BMARBank
- ESCountry · Spain
- 2MLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 959800LQ598A5RQASA61
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
- National bank code
- Código de entidad (NRBE) 0061
Profile
- Type
- Credit institutionListed as a credit institution, or a branch of one, on the ECB’s list of supervised entities, or named as a bank on the Financial Stability Board’s G-SIB list, directly or as a G-SIB’s main operating bank. These are the only bank lists the directory tracks so far.
- Regulation
- Prudentially supervised (ECB list)Prudentially supervised, according to the ECB list of supervised entities (as at 2026-07-01). This is banking supervision, not a licence on a tracked register.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Spain · Europe & Central Asia
- Banking supervision
- Less significant · Banco de España as of 2026-07-01
- Trading venues (MIC)
- Operates MIC BCMA list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 1926
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
The Banca March SA group has 4 institutions in the directory, in 2 countries: all hold a BIC.
Including Banco Inversis, S.A., Banco Inversis S.A., Luxembourg Branch.
See the Banca March SA group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- AVENIDA ALEJANDRO ROSSELLO 8 PALMA DE MALLORCA 07002 SPAIN
- Operational address
- AVENIDA ALEJANDRO ROSSELLO 8 PALMA DE MALLORCA 07002 PALMA DE MALLORCA SPAIN
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>BMARES2MXXX</BICFI>
<LEI>959800LQ598A5RQASA61</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>BMARES2MXXX</BICFI>
<LEI>959800LQ598A5RQASA61</LEI>
<Nm>BANCA MARCH S.A</Nm>
<PstlAdr>
<TwnNm>PALMA DE MALLORCA</TwnNm>
<Ctry>ES</Ctry>
<AdrLine>AVENIDA ALEJANDRO ROSSELLO 8 PALMA DE MALLORCA 07002</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2008-01-28 | Head office | — |
| SEPA Instant Credit TransferISO 20022 messages | 2017-11-21 | Head office | — |
| SEPA Direct Debit CoreISO 20022 messages | 2010-11-01 | Head office | — |
| SEPA Direct Debit Business-to-BusinessISO 20022 messages | 2010-11-01 | Head office | — |
| One-Leg Out Instant Credit TransferISO 20022 messages for the euro leg | 2024-11-04 | Head office | — |
| Verification of Payee | 2025-09-30 | Head office | — |
| T2 (Eurosystem real-time gross settlement)ISO 20022 messages | — | Head office | — |
| TIPS (TARGET Instant Payment Settlement)ISO 20022 messages | — | Head office | — |
SEPA dates are when the institution became ready for the scheme. The T2 list names direct participants only and gives no joining date. TIPS entries have no joining date.
An institution missing from T2 may still be reachable through an indirect participant. The ECB’s TIPS list does not separate participants from reachable parties. It includes institutions reachable in Swedish kronor as well as in euro.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
Market identifiers
One trading venue or reporting service run under this LEI list of 2026-09-17
| MIC | Market | Kind | Category |
|---|---|---|---|
| BCMA | BANCA MARCH S.A.MARCH | Operating MIC | Systematic internaliser |
National bank codes
Código de entidad (NRBE) · Spain
1 code file of 2026-09-24
| Code | Routes to BIC | Name in the national file | City |
|---|---|---|---|
| 0061 | BMARES2MXXX | BANCA MARCH, S.A. | PALMA |
Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of T2 participants. Source: European Central Bank, List of TIPS participants and reachable parties.
- Banking supervision—Source: European Central Bank, list of supervised entities.
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- National bank codes—Spain (Source: Banco de España).
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- European registers—Source: European Central Bank (ECB), list of monetary financial institutions and list of institutions subject to minimum reserves. Source: European Securities and Markets Authority (ESMA), MiFID II/MiFIR register (investment firms, trading venues, systematic internalisers, data reporting services providers). Matched on LEI by Elucidate.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Banca March · Public domain · Wikimedia Commons · original; José Luis Acea Rodríguez: bancamarch.es (official website) · original; Juan March de la Lastra: bancamarch.es (official website) · original; Rita Rodríguez Arrojo: bancamarch.es (official website) · original.
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