ICO brings together the leading financial institutions for a meeting in Madrid
ICO hosts the meeting of the Steering Committee of the Long Term Investors Club (LTIC).
Instituto de Crédito Oficial (ICO) organised a meeting of the Steering Committee of the Long Term Investors Club (LTIC) which was held today in Madrid.
LTIC was created in 2009 by the four principal European public financial institutions: Caisse des Dépôts, Cassa Depositi e Prestiti, the European Investment Bank and KfW. The Club represents a combined balance sheet of 4.0 trillion euros, making it one of the largest investor platforms in the world.
Currently, the Club comprisesd a total of 19 financial institutions from around the world, ICO being one of them. All investors are committed to supporting the large investments needed for economic growth and employment, both at a national and a multilateral level.
Among the speakers at today's meeting were the president of European Investment Bank (EIB), Werner Hoyer; the president of KfW, Ulrich Schröder, who is also president of LTIC; the president of Cassa Depositi e Prestiti, Franco Bassanini; the president of Caisse de Dépôt et de Gestion in Morocco, Anass Houir Alami and the president of ICO, Román Escolano.