The parliamentary groups of ERC y PSC They have reached an agreement with which the government undertakes to support the European Commission and the European Central Bank, together with the Generalitat de Catalunyathe necessary efforts to obtain the Banking license of the Catalan Institute of Finance (ICF).
ERC has also highlighted in its statement that this step is “a significant advance in ICF configuration as a true public bank“Already its orientation to financially support SMEs, cooperatives and autonomous from Catalonia.
This agreement between the government and the independence party comes in full debate around the BBVA OPA on Banca Sabadelland just a few days after the Catalan business asked for their arrest because of the “disastrous” consequences that would have for the local SMEs and freelancers lose a bank especially linked to the region.
From ERC they consider that this is a “key” tool to facilitate access to financing, promote economic development, and reinforce financial sovereignty. In addition, they point out, this plan will be reflected in accordance with the project of Financial Client Defense Lawwith the objective of solving “market failures in business financing in the territories” that associate with the lack of information. The party of Oriol Junqueras He manages to carry out one of his former promises, to create a Catalan public bank, and that he had already raised together with the democratic convergence of Catalonia.