convenio-diputacion-salamanca-recaudacion-2020

Unicaja Banco and Diputación de Salamanca sign an agreement to provide town halls with a €30 million facility

The goal of this transaction is to cover the advances to local authorities on taxes for the year 2020, so that town halls have liquidity available

28 JAN 2020

2 Min reading

Unicaja Banco will manage the collection of over 700,000 bills arranged to be paid by direct debit, whose collecetion has been delegated to the Diputación by the towns

 

 

The president of Salamanca County Council (Diputación de Salamanca), Javier Iglesias, has signed, together with the Unicaja Banco representatives Pedro López Fraile, Head of Business at Corporate Banking, and Salvador Jorge de Alba, Corporate Banking Account Manager, the agreement to make a €30 million advance facility available to town halls on the collection of taxes during 2020.

 

The purpose of the transaction is to cover the advances to Local Authorities that the Autonomous Entity REGTSA has on the taxes that it collects resulting from the delegation made by the town halls of the province.

 

This way, town halls will have liquidity available since the beginning of the year and throughout 2020, with the main provision, corresponding to the advances of January, February, March and April 2020, taking place in the coming days and for an amount exceeding €13 million. RETGSA will repay the amount to the bank by 31 December 2020.

 

The president of the Diputación, Javier Iglesias, has underlined the importance of providing town halls with liquidity, to ‘make it easier for them to manage the provision of services to citizens’, something that ‘has an effect on the welfare and in the improvement of the quality of life of those who live in rural Salamanca’.

 

The awarded company will be responsible for the management of the collection of REGTSA bills arranged to be paid by direct debit. This involves distributing over 727.846 bills among all the banking institutions, as well as to channel the return of those bills, so that REGTSA will have the awarded company (Unicaja Banco) as the single point of contact.

 

 

 

  • Institucional

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