Banif: Constancio said the bank did not raise “significant problems” – TVI24

The former governor of the Bank of Portugal (BoP) Vítor Constâncio said to have now a memory “very incomplete” of the issues around the Banif which analyzed but stresses that the bank did not raise by 2010 , “significant problems”.

“I left to represent the institution in June 2010, did not bring me any property documentation bop and do not naturally right to request any information at this time. the entire institutional memory is held by the bop and my memory of the few issues relating to Banif that were enjoyed on the Board of Directors, after so many years, is naturally very lacunar “ , advocates Constantius, current vice president of the European Central Bank (ECB).

the words of the responsible part of a set of responses sent to Members of the parliamentary inquiry Banif, text revealed Tuesday by ie newspaper to which the Lusa agency also had access.

in the letter, eight pages, Vítor Constâncio stresses that “few numbers” citing in their responses were removed from the web site of the central bank, because while he was governor never was in charge responsible for the supervision.

“Banif was not the most important banks of the system and not raise during my term significant problems that had I been presented to me or the Board of Directors’ , vinca.

During the ten years he was governor, Constancio says he never received “either the services or the deputy governor responsible for banking supervision issues, information that could undermine the financial soundness Banif or appropriate compliance with prudential ratios which are a key aspect of banking supervision. “

Then, the current ECB framework cites a 2008 report from the International Monetary Fund (IMF) where it is said that” the Portuguese financial system remains sound and well supervised, “even after the fall of Lehman bank.

About Banif presence in Brazil, a deal that led several critical in some hearings in the inquiry committee, Constantius He says that “in 2009, the Banif presence in Brazil was modest and activity showed no signs of irregularity that deserve to be brought to the attention” of the administration of the boP.

Constantius stresses that their answers in writing ” refer exclusively “to the period when he served as governor of bop,” before joining the staff of the ECB “, as, maintains,” as a European institution, the ECB shall report only to the European Parliament, as the Treaty of European Union “.

the hearings of the Banif inquiry committee just last week and at this stage the deputy rapporteur, Eurico Brilhante Dias socialist, will prepare the final report of the work, to be presented in commission during the month of July.