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Official Credit Institute

Spanish lending institution From Wikipedia, the free encyclopedia

Official Credit Institute
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The Official Credit Institute (Spanish: Instituto de Crédito Oficial; ICO) is a Spanish lending institution. Its functions include funding investment projects and the assistance for the liquidity needs of Spanish companies.[1] It also operates as State Financial Agency.[1]

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A successor to the Instituto de Crédito a Medio y Largo Plazo,[2] the ICO was created in 1971 following the Matesa Scandal [es] as public law entity (entidad de derecho público).[3] Previously under the jurisdiction of the Ministry of Economy and Finance, it became a State company in 1989.[4]

The bank is currently attached to the Ministry of Economic Affairs and Digital Transformation through the State Secretariat for the Economy and Business Support [es].

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Presidents

The presidents of the ICO are listed as follows:[5][6][7][8]

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See also

References

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