José María Méndez, CECA's Managing Director, has emphasised today during its intervention in the «31 Meeting of the Financial Sector » of Deloitte and ABC, the contribution of the sector composed of banks, savings banks and foundations to mitigate the effects of the DANA last week. Specifically, has emphasised:
– The banking sector comes back to contribute to the solution to the problems, as it already happened during the pandemic of the COVID-19 and the volcano of the Palma. In this occasion, even, have anticipated us to the authorities, proposing concrete measures. The sector announced its availability of giving moratoria before that these were regulated. Both associations' technicians have worked in regulatory texts, which it has allowed its approval quickly (5 November). These measures need of legal coverage to relax the requirements documentaries of one novación, include tariff discounts, notarial and register them and the adjustment of the countable processing and prudent.
– Beyond the measures that they have been object of regulation, you can emphasise other initiatives that they are adopting the companies via agents or of the displacement of mobile offices in some towns where the bank branch has been inoperativa to provide essential banking provision of services, as dropped out of cash, advance application or indemnity procedure of insurance.
– The involvement of the banking sector is not been limiting to the purely financial measures, to middle and long term, the social dimension of the companies CECA, via his Obra Social, is playing play a very relevant role in the recovery of the affected areas. The companies associated with CECA invested in 2023 in Obra Social more than 850 M €, in a total higher than 80,000 stock that benefit to 30 million people. Of appended way, this investment constitutes the 5th philanthropic company of Europe.