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Official Credit Institute

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 1971

    Creation in the aftermath of the Matesa scandal

    ICO was created after the Matesa scandal, a controversy involving state-supported credit that contributed to the establishment of a new public credit institution. The scandal is historical context for ICO’s formation rather than a finding that ICO itself committed wrongdoing.