The state has already embedded 1280 million in interest on loans to banks – TVI24

Only in interest, the State meets 1.280 million euros between 2012 and 2016 with the loans it made to banks, the so-called the obligations of the conversion contingent.

The balance sheet, made by the Daily News, BCP, reports to 5.800 million euros, Caixa Geral de Depósitos, BPI and Banif have asked the State for restructuring after the troika have entered Portugal, in 2011.

Now, these contingent obligations have arisen at that time, as a mechanism of public funding to save the banking descapitalizada.

The effective interest rate and the annual was fixed at 8.5% and plus 25 points for each year, and 50 in the fourth year.

Only the BPI was able to pay the loan of 1,500 million euros in accelerated manner without accumulating interest.

The BCP is the bank that more interest paid to the public coffers by the 3,000 million that it has received (double the size of the request by the BPI). Still you lack to pay 700 million of obligations to pay.

Already the Box resorted to 900 million, and the Banif, the target of resolution already in 2015, asked 400 million.

Accounts are made, the total of 5.800 million euros, only 900 million delivered to the CGD did not come the check 12 billion that became available for the financial sector at the time of the loan of 78 billion euros, in the framework of the financial rescue of the troika. This financial envelope, only half was used for the seats.