Instituto de Crédito Oficial

Instituto de Crédito Oficial
Founded1971
TypePublic financial institution
Location
President
José Carlos García de Quevedo

The Instituto de Crédito Oficial (ICO, lit.'Official Credit Institute') is a public credit institution in Spain. 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]

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].

Presidents

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

See also

References

Citations
Bibliography