HE CEO CaixabankGonzalo Gortazar At the press conference held after the results were announced, he stated that there was an “expected rise” in the index. repayment of depositalthough it guarantees that it will continue to “compete depending on the market situation” for the future.
In this context, he underlined that “our social function is to help people save”, stating in a line against paying deposits. “long-term performance” should be a goal. “Customers should be helped to understand that, in addition to bank deposits, there are returns with good long-term results, and therefore, on an economic level, “bank deposits are not the best solution” for savers.
mortgage status
Regarding the mortgage situation, the leader predicted concessions will eventually drop to “25%” Compared to the previous year. In the case of CaixaBank, he recalled the “effort to promote” those with flat rates in recent years, emphasizing the impact of rate increase on their variables and the consequent upward trend in Euribor and its impact on pockets: when it comes to its institution’s portfolio, 84% already depreciated with positive rates with an average increase. 90 euros per month this year.
in relation to that Gortazar He underlined that “general measures such as limiting floating mortgages do not make sense.” In that sense, he said, we should “focus on families with problems”, not on a general level, because otherwise “it would be a grievance for many customers who choose a flat rate, paying more to have this reality.” ”
In addition, the leader stressed that they expect to close the year on a positive note regarding a possible increase in defaults due to economic conditions that are more expensive for families due to inflation. 3% default rate.
economic benefits
On the other hand, the leader, despite having 855 million -21% more– “We paid 1,000 million between different taxes” in benefits this quarter as well. “These are good results because they start at very low levels,” Gortazar said, and yet he stressed that banking is “not in vogue”, suggesting that “the bank is the least attractive to invest in” in different economic sectors. In this sense, after criticizing the 373 million bank tax imposed by the Government in his case, he argued that “it is not fair to criticize because bank profits are rising”, it is “some luck”.