Nicholas Santos recalls that the Caixa Geral de Depósitos is the “only bank in the Portuguese financial system held 100 percent by the state.”
“If the prime minister is concerned about the General Cash deposits, has the possibility through the Ministry of Finance or their representatives of the general meeting of Caixa Geral de Depósitos to get these concerns to the administration of public bank, “he says.
Heard by journalist Augusta Henriques, the commentator ensures that “there is no question the soundness” of the institution and that there is no reason to be a run on deposits.
According to the deputy director of the weekly newspaper Expresso, just was not very happy that Prime Minister has publicly expressed concern about the fact that the bank has not yet made any reimbursement.
“The last bank will have problems in the Portuguese financial system is the Caixa Geral de Depósitos to be held by state, “he added, recalling that this legislature has been made even capital increases.
This comment comes after Prime Minister have said in an interview with Jornal de Negócios who is concerned about the fact that the Cash Deposits generally be the only bank that has not returned any part of the loan it received from the State.
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