The Official Credit Institute (, ICO) is a public credit institution in Spain. Its functions include funding investment projects and the assistance for the liquidity needs of Spanish companies. It also operates as State Financial Agency.
A successor to the Instituto de Crédito a Medio y Largo Plazo, the ICO was created in 1971 following the as public law entity (entidad de derecho público). Previously under the jurisdiction of the Ministry of Economy and Finance, it became a State company in 1989.
The bank is currently attached to the Ministry of Economic Affairs and Digital Transformation through the .
Presidents The presidents of the ICO are listed as follows: Rafael Bermejo Blanco (1978–1982) (1982) Julián García Vargas (1982–1985) (1986–1995) Fernando Becker Zuazua (1996–1998) José Gasset Loring (1999–2000) Ramón Aguirre Rodríguez (2000–2003) (2004–2009) José María Ayala Vargas (2009–2011) Román Escolano Olivares (2012–2014) (2014–2015) Emma Navarro Aguilera (2015–2016) Pablo Zalba Bidegain (2016–2018) José Carlos García de Quevedo (since 2018)
See also List of national development banks List of banks in Spain
References Citations
Bibliography