Official Credit Institute
 | |
 ICO headquarters | |
| Founded | 1971 |
|---|---|
| Type | Public financial institution |
| Location | |
President | José Carlos García de Quevedo |
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]
A successor to the Instituto de Crédito a Medio y Largo Plazo,[2] the ICO was created in 1971 following the Matesa Scandal 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.
Presidents
[edit]The presidents of the ICO are listed as follows:[5][6][7][8]
- Rafael Bermejo Blanco (1978–1982)
- Miguel Martín Fernández (1982)
- Julián García Vargas (1982–1985)
- Miguel Muñiz de las Cuevas (1986–1995)
- Fernando Becker Zuazua (1996–1998)
- José Gasset Loring (1999–2000)
- Ramón Aguirre Rodríguez (2000–2003)
- Aurelio Martínez Estévez (2004–2009)
- José María Ayala Vargas (2009–2011)
- Román Escolano Olivares (2012–2014)
- Irene Garrido Valenzuela (2014–2015)
- Emma Navarro Aguilera (2015–2016)
- Pablo Zalba Bidegain (2016–2018)
- José Carlos García de Quevedo (since 2018)
See also
[edit]References
[edit]- Citations
- ^ a b Martín 2012.
- ^ Pohl 1994, p. 899.
- ^ Ponce Solé 1998, pp. 391–392.
- ^ Newton & Donaghy 1997, p. 267.
- ^ "La Fundación ICO reúne a todos los presidentes de la historia del ICO". ICO. 6 March 2015.
- ^ Maqueda, Antonio (10 November 2016). "Irene Garrido, secretaria de Estado de Economía y Emma Navarro, del Tesoro". El País.
- ^ Arroyo, R; Badía, D (23 January 2019). "Deloitte ficha al expresidente del ICO Pablo Zalba". Expansión.
- ^ "El Gobierno nombra a José Carlos García de Quevedo nuevo presidente del ICO". Europa Press. 22 June 2018.
- Bibliography
- Martín, Jesús (18 January 2012). "Análisis: Qué funciones tiene el ICO". La Razón.
- Newton, Michael T.; Donaghy, Peter J. (1997). Institutions of Modern Spain: A Political and Economic Guide. Cambridge University Press. ISBN 0-521-57348-3.
- Ponce Solé, Julio (1998). "La evolución de la actividad pública en el sector financiero: las transformaciones de la entidad de crédito 'Corporación Bancaria de España, Sociedad Anónima'". Revista de Administración Pública (146). Madrid: CEPC. ISSN 0034-7639.
- Pohl, M. (1994). "Banco de Credito Local (BCL)". In Pohl, Manfred (ed.). Handbook on the History of European Banks. Frankfurt am Main: European Association for Banking History. doi:10.4337/9781781954218. ISBN 1-85278-919-0.
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