It seems inappropriate to talk about savings in the middle of a pandemic crisis, which is already an income crisis for many families, but it is at the most demanding times that the most important decisions are made.
Families and businesses hope that banks will know how to live up to this social emergency that will leave many without income to honor their bank commitments.
Ricardo Codeço, Tax lawyer coordinator of JPAB Fiscal e Marisa Silva Monteiro, Coordinating Lawyer at JPAB Finance and Guarantees
The banks of the future will certainly not be as we know them until now, but few are the fintechs that are already banks, despite being the banks' major competitors.
Banks are not going to disappear. Before, they will follow the new times and create a business model that combines the trust capital they have with their customers with the speed that fintech offers.
This mortgage acts as security for the bank's credit, just as it does for the mortgage loan, that is, as a guarantee of payment of the loan amount.
The law must change and, when that happens, we will have much less bad credit, healthier banks and without needing taxpayer money to save them.
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