Government announces line of guarantees to aid first-time home buyers under 35 years of age.

The President of the Government, Pedro Sánchez, has announced the creation of a line of guarantees through the Official Credit Institute (ICO) to guarantee 20% of the mortgage on a first home for young people under 35 years of age with an annual income of less than 37,800 euros and for families with dependent children. … Read more

Santander, leader in ICO loans in Galicia: 26 million

CaixaBank has launched an offensive to attract payroll direct debits with a promotion in which it offers up to 5% to new customers who direct deposit their salary this first quarter. This profitability affects the first 5,000 euros of balance for two years and who receive a salary of more than 2,500 euros per month. … Read more

How can companies deal with the debt of these aids?

The The outbreak of the pandemic paralyzed Spanish companies. Faced with the slowdown in production, income was frozen and many companies and SMEs – small and medium-sized enterprises – began a new path full of difficulties, in which many of them have been on the verge of closing. Faced with this situation, the Government of … Read more

The extension of ICO credits gives a break to 380,000 companies in full impact of the war in Ukraine

March 2020. The Government decrees the quarantine and the closure of all non-essential activities to deal with the pandemic. To alleviate this slowdown in the business of companies, a system of credits guaranteed by the State is established, through the ICO, with which to provide liquidity to face the fixed costs that they maintain despite … Read more

Private Bank inaugurates its new heritage space

Scent signature, refined furniture, intimate and personal decoration: this new heritage space meets the requirements of the heritage clientele of Hauts-de-France. This heritage space, which is upstairs, is made up of 7 Private Bankers and 2 Private Bank Assistants. A “heritage space” with modern codes. “We now have a space that offers openness, sobriety, modernity … Read more

RSM carried out the buy-side accounting and financial due diligence for Notus Technologies when it acquired a stake in Douze Cycles

Thanks to this operation, carried out by Benoit Coustaux, RSM partner, the team is thus strengthening its expertise in supporting family holding companies. This equity investment reinforces Notus Technologies’ commitment to soft mobility following the acquisition in 2017 of Amsterdam Air, leader in the sale of online scooters and twin-carriers, and the acquisition of the … Read more

The bank could assume 1,300 million in ICO loan write-offs | Companies

The credit rating agency S&P does not believe that the new line of 3,000 million for the restructuring of the financial debt of companies foreseen in the aid package approved by the Government is disturbing for the Spanish banking sector. The agency has indicated in an analysis of the 11,000 million aid plan for SMEs … Read more

What is the new trend about?

The Carat agency presented its annual report of trends that brands must assimilate to gain a greater presence among consumers 2020 was a year of novelties, discoveries and “firsts” for many sectors of the world economy. Nevertheless, 2021 is shaping up to be the year of assimilation, in which the people will establish a pre … Read more

The bank adjusts up the interest it charges companies for extending the term of an ICO loan | Companies

Although initially the companies considered the fact that Economía had agreed to extend the repayment terms of the loans backed by the ICO and the grace period as good news, the companies have been somewhat disappointed. The decision approved in November by the Executive that the terms to pay the loans with the State guarantee … Read more

Santander encourages its staff to expand ICOs to around 100,000 clients

Santanderencouraged its managers in Spain on Wednesday, in a telematic meeting, to devote themselves in the coming days to the management of the extension of the repayment terms and lack of loans guaranteed by the ICO that your clients requested last year. In that meeting, Octavio Ramirez, director of companies of Santander Spain, underlined the … Read more