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Yolanda Díaz asks to freeze mortgages after the record benefit presented by BBVA

First was Amancio Ortega, then Juan Roig, and now it is the bank that is at the center of the target of the government partners of Pedro Sánchez. BBVA’s results, the best in its history, have provoked strong criticism from the second vice president and Minister of Labor and Social Economy, Yolanda Díaz, who He has asked to freeze mortgages and limit the benefits of entities after the good figures registered by the entity chaired by Carlos Torres.

On the social network Twitter, Yolanda Díaz pointed out that “while the rise in the Euribor will make the average mortgage more expensive by 250 euros per month, BBVA’s profits grow 38% to reach 6,420 million, the highest in its history. The crisis did not It can be an excuse to earn more. Freeze mortgages, moderate benefits“.

The Minister of Labor and Social Economy has the sector in her sights, since she previously demanded that the banks side with the people in this crisis and “get wet” for the country, since they were “making money” or “outrageously increasing” their profits. This is how she declared it in the public act to present the Sumar platform in Valencia, in which she defended the right to housing by emphasizing that “The bank is lining itself with the rise in interest rates” and asked the bank to say that “it is with the people and it is going to freeze the mortgages retroactively from the rise in the Euribor”.

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The new criticisms of Yolanda Díaz take place on the same day that BBVA has obtained a record profit in 2022, with 6,420 million, after an increase of 38% Over the previous year. In fact, the bank chaired by Carlos Torres improves in its main geographies with the exception of Turkey, affected by inflation, while in our country it earned 1,678 million, 8.4% more, thanks to the greater activity and the increase in income.

In fact, they are the income in Spain which will be used to determine the rate that the entity will have to pay this year and the next after the approval by the Government of an extraordinary tax that remains to be seen if the sector will appeal to the courts.

BBVA results have been published after others in the sector have also significantly improved their figures. For example, Bankinter announced a profit of 560 million, 28% more than a year earlier, which allowed it to beat its goal of exceeding its pre-IPO profit a year in advance; while Sabadell achieved the second best results in its history, with earnings of 859 million in 2022, 62% more than a year earlier.

First was Amancio Ortega, then Juan Roig, and now it is the bank that is at the center of the target of the government partners of Pedro Sánchez. BBVA’s results, the best in its history, have provoked strong criticism from the second vice president and Minister of Labor and Social Economy, Yolanda Díaz, who He has asked to freeze mortgages and limit the benefits of entities after the good figures registered by the entity chaired by Carlos Torres.

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