Portal de Murcia

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The City received six bids from banks to almost double the amounts requested (14/09/2011)

Murcia City Council once again demonstrates that, despite the economic downturn we are experiencing, rather than its solvency is guaranteed in the face of banks.

As has been collected in the Operational Plan for Financial Planning, to maintain financial guarantee, the City of Murcia, through the Department of Finance, who leads Isabel Martínez Conesa, had to apply for a loan that would, among other payments, reducing the average duration of payment to creditors.

At first the application of credit totaled 20.5 million euros, but the bids received for six banks amounted to 36 million euros.

Just over twice what socilitados by the City of Murcia.

These entities are: Dexia Sabadell, Cajamar, Bankinter, CajaMurcia, BBVA and Santander.

The Councillor for Economy and Finance, Isabel Martínez Conesa, emphasizes that it is great news for the city of Murcia which, despite the economic crisis continues with the backing of entities, and good news for all those providers ( large or small) that will reduce the period of bill payments.

"This guarantee is the result of the important work we are from the Team, and has as main objective to help citizens and small businesses in the municipality of Murcia, which are less economically self-defense capability," he pointed Martínez Conesa, who also said that the City must now consider which of the six bids submitted with the most suitable to take over local administration.

Source: Ayuntamiento de Murcia

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