In a statement that defines how Caixa Geral de Depósitos has changed from a state-owned bank to one that is further to impose on the goodwill of its tired customers, the bank’s President, Paulo Macedo, said today that, “If Caixa Geral does not make a profit we will have to ask for more money from taxpayers and I have an idea of ​​what the answer will be.”

The president of Caixa Geral de Depósitos today justified the increase in customer bank charges with a need for the public bank to return to profits after seven consecutive years of losses.

———–

© algarvedailynews.com

The above content produced by algarvedailynews.com is not intended for commercial use and may not be republished by third parties either wholly or in part unless permission is sought and granted and the source credited.

——————-