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.