Friday, February 26, 2016

Mario Centeno praises “active role” of Spanish banks in Portugal – TVI24

The Finance Minister Mario Centeno, considered this Friday that the activity carried out by Spanish banks in the Portuguese market is positive, but the institutions must adapt to the characteristics of the country.



” we appreciate the active role that the Spanish banking plays in Portugal, aware that it must adapt to own our market requirements “ , released the ruling during a lunch of business promoted by the Chamber of Commerce and Industry Luso-Spanish in a hotel in Lisbon.

according to Lusa, Mário Centeno said that it is desirable that the banking sectors Portuguese and Spanish “to stabilize and strengthen,” leaving hope that there is a deepening of economic and monetary union.

“the problems we face at the national level in this area can only be solved within the European Union. Portugal and Spain will continue to work for the European Union to be more cohesive and solid, “he said.

This meeting brought together some 250 personalities from various fields, among whom were some leaders of banking institutions.

Nuno Amado, BCP president, Luis Castro and Almeida, head of BBVA Portugal, António Vieira Monteiro, who leads the management team of Banco Santander Totta were present, although both Nuno Amado as Vieira Monteiro they suffice to make statements to reporters before the lunch.

Santander Totta acquired late last year Banif, in the resolution of measurement applied to the bank founded by Horacio Roque by the Bank of Portugal, and was in the running to buy the New Bank (the resulting bridge bank public intervention in the former BES in August 2014) in the first sales process, which was suspended, but which, however, has been re-released by the banking regulator.

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