Monday, February 1, 2016

Nuno Amado: “It would have been interesting to go to Banif, but we could not” – Jornal de Negócios – Portugal

“It would have been interesting to be able to look at the Banif. It was a shame, but we could not” lamented Nuno Amado this Monday, February 1, at the presentation of the results of the bank.

“Unfortunately, we could not compete,” said the chairman of BCP.

BCP could not compete for the Banif or can go to the New Bank. Nuno Amado explained

On the solution that was eventually adopted in the case of Banif, Nuno Amado praised the fact that it has promoted consolidation in the sector. “It was a good solution. It makes sense because it goes on the road to consolidation.”

However, the banker left the air criticism of the time spent at Banif dossier.

“In time ? what happened and so much discussion that there was as we arrived where we come. “, asked the president of BCP

Beloved left in the air other questions about how the Banif problem has been resolved,” because it was made under these conditions? Why the rush? ” And justified their doubts: “.. Who sells a house in a hurry always sells narrowly When selling an asset is important to have time to do it well”

The banker also raised questions about the intervention costs . “Why did not run better? Why did not a lower cost? It is important to have answers.”

(News updated with additional claims)

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