Some 2,500 families will stop paying and workers will have to improve productivity, Senator Sergio Botana slipped.
In the midst of the government project so that 2,500 debtors of the Banco Hipotecario del Uruguay (BHU) stop paying the loans in Resettable Units (UR), he Senator of the National Party, Sergio Botana, did not rule out that Banco República (BROU) “absorbs” the BHU and argued that for this the workers will be kept, but adapting them to “a cheaper and more productive structure”.
Botana assured that the Banco Hipotecario grants “less than four credits per day” and with interest rates in dollars higher than 20%. “It has given the market to private banks and it only sustains its profitability with those excessive rates. It does not give credits because it is expensive ”, questioned the legislator in dialogue with Radio Carve, referring to the structural problem of small debtors, which is worsening in the country.
When arguing in favor of the project, which has the endorsement of the President Luis Lacalle Pou, Botana assured that “it is not justified to have state structures that do not fulfill functions” and criticized the existence of “270 officials to give four credits per day.”
Along the same lines, he questioned that no work was done on the accounting of assets, noting that “credits prior to 2008 are not computerized” and in those cases it is necessary to resort to folders, for which reason he postulated that workers must act “with greater productivity”.
Sergio Botana.jpg
infobae
For Botana, the BHU credits are “a true murder of the people”
When defending the project, which was rejected by the Mortgage Bank, the PN senator assured that the BHU is “an institution that is large, expensive, heavy and that does not work.” In dialogue with Channel 10, he maintained that he demands “double what is charged for a mortgage loan in the private market” and sentenced: “It’s a real murder of the people.”
“People are not trusting and, those who are, they are desperate to leave”, affirmed the legislator, who assured that the initiative seeks to stop paying the 2,500 debtors who have been paying for 40 years. “The idea is that this group is going to raise their writing,” he ratified.
Meanwhile, he stressed that for families that have been paying for more than 30 years and have less than 10 to go, “the idea is that the debt is not readjusted.” Finally, he pointed out: “Later, for the other tranches, we are adjusting details, if we can, through some mechanisms, lower the term or the interest rate of debt adjustment.”
Source: Ambito
