Caixa Geral's half-yearly losses 'not as bad as last year'

caixageral2 Caixa Geral de Depósitos lost over €50 million in the first half of 2017 which is “in accord with the institution’s strategic plan” according to Paulo Macedo.

In the presentation of the half-yearly results, the Caixa Geral president said that “bank account charges are stable, are the lowest in the market, but that they will increase, as in the bank’s strategic plan” that he says was agreed with the government but is fiercely opposed by customers and opposition MPs.

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Caixa Geral’s half-yearly losses ‘not as bad as last year’