Lesson plan
Cofides
The Compañía Española de Financiación del Desarrollo (COFIDES) (English: Spanish Development Finance Company), better known by its acronym Cofides, is a Spanish public company that provides financial support for investments by Spanish companies abroad. This financial support is provided from its own funds and from public funds from the Spanish government. Like France's Bpifrance and Italy's Cassa Depositi e Prestiti, it is also considered a sovereign wealth fund. It is a mixed capital company, majority-owned by the public sector, but in which some of Spain's largest banks and the Development Bank of Latin America and the Caribbean also have a stake. The company's headquarters are located at Paseo de la Castellana 278 in Madrid, in a building it shares with its main shareholder, ICEX España Exportación e Inversiones. In 2025, assets under management (AUM) were estimated at $6.04 billion.
Article summary
The Compañía Española de Financiación del Desarrollo (COFIDES) (English: Spanish Development Finance Company), better known by its acronym Cofides, is a Spanish public company that provides financial support for investments by Spanish companies abroad. This financial support is provided from its own funds and from public funds from the Spanish government. Like France's Bpifrance and Italy's Cassa Depositi e Prestiti, it is also considered a sovereign wealth fund. It is a mixed capital company, majority-owned by the public sector, but in which some of Spain's largest banks and the Development Bank of Latin America and the Caribbean also have a stake. The company's headquarters are located at Paseo de la Castellana 278 in Madrid, in a building it shares with its main shareholder, ICEX España Exportación e Inversiones. In 2025, assets under management (AUM) were estimated at $6.04 billion.
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Discussion questions
- Summarise the article in your own words. Which single claim would you verify first, and why?
- Which claim in this article is most likely to be revised as the sources update? How would you check its current status?
- If two sources disagreed about one of these facts, what would you need in order to trust one over the other?
Bibliography
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Key claims and bibliography are generated from the same tracked claims and sources as the article page.