João Pedro Oliveira e Costa respond to questions from journalists at the press conference to present the bank’s half-year results, which recorded consolidated profits of 201 million euros in the first half, 9% more than in the same period last year.

Regarding the situation of the extraordinary tax in Spain, the manager said that “it is not clarified, clarified” about the details of this measure.

“The margin I have is that it affects commissions plus the financial one, it affects two aspects”, but only in Spain, “it has no implications in Portugal”, underlined the executive chairman of BPI, an institution that is owned by CaixaBank.

“There are banks in Spain and the volume of revenues is above 800 million euros, which suggests a share above João Pedro Oliveira and similarly euros of a share considered above.

If this measure were designed for Portugal, the manager would ask for “a little more weighting”, noting that the bank has a relevant contribution.

In the first half of this year, BPI’s regulatory regulations grew by 6% for 4 months, which was a “very significant amount”.

Of this amount, 3.9 million euros relate to the solidarity surcharge on the banking sector; €21.2 million is a contribution to the banking sector; 8.8 million euros for the National Resolution Fund; and 14.4 million euros for the Single Resolution Fund, according to BPI data.

“I think that we already have a very significant solidarity, in addition to paying our taxes and in addition to all the work” that “has been doing for society”, continued João Pedro Oliveira e Costa.

Therefore, “I think that this should not be the way to go at the moment and I think that, having heard the statements so far, either by the Minister of Finance or by other political leaders, Portugal is not planning to follow this path”, concluded the manager.

The extraordinary and temporary taxes on banking and energy companies in Spain go on our gains with interest and commissioncid, in the case of banks, and on sales, in the sector, according to a proposal delivered on Thursday to the Spanish parliament.

The Spanish Government will apply a tax of 4.8% on the gains it has with interest and commissions that they charge to customers in 2022 and 2023, reads in the legislative initiative, a joint proposal of the parties that integrate the left coalition in the executive ( socialist party and Unidas Podemos).

It will be applied, if the proposal, approved as it entered parliament, will be applied to banks with interest gains and commissions of at least 800 million euros in 2019, the reference year chosen for being the last without disruption from the covid-19 pandemic.

Only gains from profits with affiliation within Spain will be taxed, so they will be charged outside of profits with interest and commission from non-foreign affiliates.

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