It foresees that this year 25% less mortgages will be signed in Spain
BARCELONA, 5 (EUROPA PRESS)
The CEO of CaixaBank, Gonzalo Gortázar, has affirmed that taking general measures in the mortgage market “does not make sense” and could have unwanted effects, when asked at a press conference about the proposal of the Minister of Social Rights, Ione Belarra , to put a cap on variable mortgages.
He has said this together with the director of Accounting, Management Control and Capital, Matthias Bulach, after the presentation of the entity’s results in the first quarter, in which it has registered an attributable net profit of 855 million euros, a 21.1 % year-on-year more, and the payment of 373 million of the extraordinary tax to the bank.
“WOULD BE AN INJUNCTION”
He has considered that taking general measures in the mortgage market “would be a grievance” to customers who have signed fixed mortgages and who chose to pay more to have more peace of mind and avoid these increases, he said verbatim.
Gortázar added that the entity has made a great effort to promote fixed mortgages among its clients and that those who have preferred the variable “fortunately they have done so because they had the capacity to absorb it”, in reference to the rise in prices.
He has assured that CaixaBank has not tightened the conditions for granting mortgages and that the drop in demand is due to economic uncertainty and the increase in the cost of credit.
The CEO predicts that 25% fewer mortgages will be signed this year in Spain than in 2022, although he has not made forecasts of the impact that this may have on CaixaBank.
On the other hand, he has stressed that if someone cannot afford the mortgage, the interest of the entity “is not to keep his house” and that the will is always to find a solution that allows the property to be maintained and that the bank can recover the capital with other conditions or terms.
2023-05-05 11:44:10
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