Tuesday, May 3, 2016

Banif contributed three million to profit of Santander Totta – TVI24

Banif contributed EUR three million for profit Santander Totta in the first quarter, which amounted to 114.3 million euros, more than double the achieved in the first three months of 2015.

“Banif had a positive impact of one million euros per month, as we are talking about three months are three million euros “ , said on Monday the president of the bank, Vieira Monteiro, at a press conference.

Banco Santander Totta had 114.5 million of earnings euros in the first three months of the year, so the three million achieved by incorporating part of Banif’s banking account for 2.6% of the total result.

according to Lusa, the organization led by Vieira Monteiro made a point to mention, in the presentation of results to journalists, that “the impact of the acquisition of business assets [former Banif] in net income for the quarter is marginal “.

As part of the resolution of Banif, in December 2015, Santander Totta bought part of the banking business for 150 million euros, a deal that was controversial target and is being scrutinized in committee investigation under way in Parliament.

the President of the Santander Totta, Vieira Monteiro, is one of the personalities who will be heard by Members.

No Enticing customers

the President of the Santander Totta, António Vieira Monteiro, refuted the accusations of the former leader of Banif, Jorge Tomé, on the alleged enticement to customers of the bank in Madeira weeks before resolution of the bank .

“the answer is that there was no one to do these operations or those comments. We are sure now that this is not over and it is documented in writing “ , said at a press conference Vieira Monteiro.

At the end of March, during your hearing in the committee of inquiry into Banif, Jorge Tomé had said that there was an “abnormal movement” in Madeira weeks before the resolution of the bank, with customers saying that Santander had been informed of the .. closure of that bank

“There was a movement something abnormal in Madeira,” he said the deputies Jorge Tomé, stressing that they were “significant amounts concerned”

And stated: “There was a movement of many customers who came to our desks saying that several branches of Santander had told them that Banif would end in December and that they should spend their money to Santander. “

George Thomas had been questioned on this matter by Mr PCP, Michael James.

on 20 December the Government and the Bank of Portugal announced Resolution Banif , with the sale of part of banking Santander Totta, by 150 million , and the transfer of other assets – including ‘toxic’ -. to a new vehicle company

the resolution was accompanied by public support of 2,255 million euros, with 1,766 million euros come directly from the State and 489 million of bank resolution fund, consolidating public accounts.

No interest in more active Banif

Santander Totta is not interested in buying the assets of the Banif not selected in December, when it acquired the business activity of the bank, but can run for Gamma securitization company, according to the President Vieira Monteiro.

“the bank is not to run for Banif assets and do not want to do” today said Antonio Vieira Monteiro, in a press conference, stressing that are unfounded the concerns expressed by some people with the possibility that the bank will buy assets Banif discount.

Moreover, this issue has been recurrent over the work of the parliamentary commission of inquiry to Banif, with members of various parliamentary groups to raise it

Since the securitization company Gamma credits, the Octant. – state vehicle that manages the assets of the Banif that were not purchased by Santander Totta -. put on sale, can be the target of an attempted purchase by the Spanish capital bank

“we can compete” admitted Vieira Monteiro.

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