Instituto de Crédito Oficial

Instituto de Crédito Oficial is a banking institution based in Madrid, Spain. Established in 1971, the state-owned bank is attached to the Ministry of Economic Affairs, Industry, and Competitiveness via the State Secretariat for Economy and Enterprise Support. It offers loans, including long repayment terms, preferential interest rates, and paperwork covering enterprises and self-employed financing schemes. The assets of the bank are managed by the executive management team.