Banking and investment services market in Spain: size, suppliers and public contracts

Market size and key facts

In 2025, public buyers in Spain awarded 87 supply contracts for banking and investment services through award notices on TED; the 75 of them that state a value (86.2%) add up to €59.2 million.

  • Since November 2023, 70 companies have won 200 public supply contracts for banking and investment services in Spain, in 125 award notices from 69 public buyers.
  • 100% of these awards went to companies registered in Spain.
  • The five companies that win most often hold 28% of all awards.
  • 33% of the awards whose notice states the number of tenders received a single bid.

In proportion

All public purchasing in Spain — general government spending on goods, services and investment, the measure the OECD and the European Commission use for public procurement — came to €192 billion in 2025, 11.3% of GDP (Eurostat). Award notices on TED cover only the contracts above the EU thresholds, so they show who wins, not the whole of that spending.

Source: Eurostat, government finance statistics (gov_10a_main, gov_10a_exp) and GDP (nama_10_gdp), retrieved 9 November 2026.

Updated · counted daily from contract award notices on TED and Eurostat international trade data · figures as JSON · free to quote with attribution (CC BY 4.0)

How to cite: Cresques, "Banking and investment services market in Spain", https://cresques.com/markets/es/661-banking-and-investment-services, from TED contract award notices (© European Union) and Eurostat Comext, updated 13 November 2026. Licence: CC BY 4.0.

Winning companies
70
since November 2023
Award notices
125
on TED
Public buyers
69
hospitals, schools, agencies
Imports
—
no customs heading isolates this category

The market in numbers

Public supply contracts in Spain: award notices published on TED from 2023-11 to 2026-11, by publication year.

Contracts awarded
200
in 125 award notices
Awarded value
€107.2M
from 86% of awards with a published value
Winning companies
70
with at least one award
Public buyers
69
hospitals, cities, agencies
Contracts awarded by year
Contracts awarded by yearNov–Dec 2023: 22Nov–Dec 20232024: 444420242025: 878720252026: 67672026
Table view
Contracts awarded by year
Nov–Dec 20232
202444
202587
202667
Awarded value by year (EUR)
Awarded value by year (EUR)Nov–Dec 2023: €907K€907KNov–Dec 20232024: €20.2M€20.2M20242025: €59.2M€59.2M20252026: €26.9M€26.9M2026
Table view
Awarded value by year (EUR)
Nov–Dec 2023€907K
2024€20.2M
2025€59.2M
2026€26.9M
Who buys: contracts by buyer sector
  1. Cities, regions and central administration: 156
  2. Universities, schools and research: 16
  3. Environment and waste: 15
  4. Water utilities: 5
  5. Housing and community amenities: 4
  6. Hospitals and health services: 2
  7. Police, fire services and prisons: 1
  8. Culture, sport and religion: 1
Table view
Who buys: contracts by buyer sector
Cities, regions and central administration156
Universities, schools and research16
Environment and waste15
Water utilities5
Housing and community amenities4
Hospitals and health services2
Police, fire services and prisons1
Culture, sport and religion1
Where the buyers are (NUTS 2 region)
  1. Comunidad de Madrid114
    ES30
    Comunidad de Madrid: 114
  2. Andalucía33
    ES61
    Andalucía: 33
  3. Comunitat Valenciana20
    ES52
    Comunitat Valenciana: 20
  4. Canarias14
    ES70
    Canarias: 14
  5. Cantabria5
    ES13
    Cantabria: 5
  6. Castilla y León4
    ES41
    Castilla y León: 4
  7. Principado de Asturias3
    ES12
    Principado de Asturias: 3
  8. La Rioja2
    ES23
    La Rioja: 2
Table view
Where the buyers are (NUTS 2 region)
Comunidad de Madrid114
Andalucía33
Comunitat Valenciana20
Canarias14
Cantabria5
Castilla y León4
Principado de Asturias3
La Rioja2
Who wins, by company size as declared in the notice
Who wins, by company size as declared in the notice: Large companies 43%, Medium-sized 1.5%, SME (size not stated) 55.5%Large companies: 86 (43%)43%Medium-sized: 3 (1.5%)SME (size not stated): 111 (55.5%)56%
  • Large companies
  • Medium-sized
  • SME (size not stated)
Table view
Who wins, by company size as declared in the notice
Large companies86 · 43%
Medium-sized3 · 1.5%
SME (size not stated)111 · 55.5%
Where the buyers are (city)
  1. Las Palmas de Gran Canaria33
    Las Palmas de Gran Canaria: 33
  2. Madrid28
    Madrid: 28
  3. Palma17
    Palma: 17
  4. Gandía11
    Gandía: 11
  5. Valsequillo de Gran Canaria5
    Valsequillo de Gran Canaria: 5
  6. Santander5
    Santander: 5
  7. Córdoba5
    Córdoba: 5
  8. Aljaraque5
    Aljaraque: 5
Table view
Where the buyers are (city)
Las Palmas de Gran Canaria33
Madrid28
Palma17
Gandía11
Valsequillo de Gran Canaria5
Santander5
Córdoba5
Aljaraque5

Awards to companies registered in Spain

100%

Awards to companies registered in Spain: 100%

0 awards went to companies registered elsewhere.

Share of the 5 biggest winners

28%

Share of the 5 biggest winners: 28%

Of all awards; a high share means a concentrated market.

Lots with a single bid

33%

Lots with a single bid: 33%

Among 200 awards whose notice states the number of tenders.

How we count: one award per procedure, lot and winning company, from live contract award notices; a joint procurement counts on every buyer's market. Values are the awarded amounts published in the notice (framework ceilings and estimates are never added), converted to euro at the ECB yearly average. Company size is the SME flag of the notice (eForms BT-165). Read the methodology.

The same category across Europe: all 30 countries compared →

Among the companies that win most often

  1. Andacar 2000, S.A.60 public contracts in total
  2. Transtel, S.A.89 public contracts in total
  3. DISTRIBUIDORA Y SERVICIO TÉCNICO CANARIO S.L (DYSTECA)10 public contracts in total
  4. Archipielago Renting S.L.17 public contracts in total
  5. BANCO BILBAO VIZCAYA ARGENTARIA, S.A.22 public contracts in total

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Questions

Who wins public contracts for banking and investment services in Spain?
70 companies won 125 contract award notices for these categories from 69 public buyers in Spain since November 2023. The companies that win most often are Andacar 2000, S.A., Transtel, S.A., DISTRIBUIDORA Y SERVICIO TÉCNICO CANARIO S.L (DYSTECA), Archipielago Renting S.L., BANCO BILBAO VIZCAYA ARGENTARIA, S.A..
How big is the banking and investment services market in Spain?
In 2025, public buyers in Spain awarded 87 supply contracts for banking and investment services through award notices on TED; the 75 of them that state a value (86.2%) add up to €59.2 million.
How do I find a distributor for banking and investment services in Spain?
Create a free Cresques account and open the market map for Spain and this category. It shows the companies that win public contracts there, how often, for how many buyers and for how much: the first 5 on the Free plan, every company on a paid plan. Where the data exists, the map also shows wholesalers from the business register, import figures and the industry's trade fairs.

Sources: contract award notices on TED — Tenders Electronic Daily (ted.europa.eu), © European Union, published since November 2023, processed by Cresques (one award per procedure and lot); no import figure: Eurostat's customs headings do not isolate this category.