The Long Term Investor Club (LTIC) today welcomes its member # 18: the Official Credit Institute (ICO). The Spanish public bank, with a total of assets in balance of 115,000 million euros as of December 31, 2012, is the first Spanish institutional investor to join the club.
Launched in 2009 by the four main European public financial institutions: Caisse de Dépôts, Cassa depositi e prestiti, EIB and KfW, the Long Term Investors Club quickly became a global platform made up of the main financial institutions and institutional investors from all over the world. the world.
The Club represents a joint balance of 4.6 billion dollars, a figure that makes it one of the largest investor platforms in the world.
Conceived as a member-driven and project-oriented organization, the LTIC brings together global financial institutions and investors committed to supporting the large financial investments that are necessary for more sustainable economic growth, at the national and multilateral levels.
In the current context, in which long-term investment occupies a priority place on the agendas of the G20, the European Union and the OECD, the Club institutions work to enhance stability and economic growth.