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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]
The Sociedad de Crédito Mobiliario Español was born as a banking company of French capital promoted by Isaac Pereire, founder of the French bank Crédit Mobilier.It was incorporated in Madrid on January 28, 1856, under the new Law of Credit Companies under the name of Sociedad General de Crédito Mobiliario Español. [1]
A Banesto branch in Oviedo, Spain. In December 1993, the Spanish National Stock Exchange Commission (Comisión Nacional del Mercado de Valores) suspended trading shares in Banesto following a fall in value estimated between 6.56% and 6.8% [2] from 2,135 to 1,995 Spanish pesetas and sharp increases in loan delinquencies observed by the Spanish government in the previous quarter, Quarter three ...
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