Sammy Mahdi Discusses Success of State Bond and Banking Reform on Facing Buxant

2023-10-01 12:27:00

Sammy Mahdi, the president of the CD&V (the Flemish Christian Democrats) was the guest of Facing Buxant this Sunday noon.

Sammy Mahdi notably mentioned, on Sunday on the set of RTL info, the recent success of the state bond, put in place by a minister of his party, Vincent Van Peteghem, and which shook the Belgian banking world. In fact, around 22 billion euros left savings accounts to enter state coffers, which had consequences, as the boss of Belfius mentioned recently:

Also read More complicated to obtain credit because of the state voucher? “It’s mechanical” warns Belfius

“People want respect from banks”concludes Sammy Mahdi. “We work every day, we earn money, we put it aside and… it evaporates. Because the banks don’t do what’s necessary (given the very low interest rates on savings accounts). People applaud the fact that we, as a party, are reminding the banks to respect the citizens, and that if they don’t do it, we do it ourselves.”

Vincent Van Peteghem, Minister of Finance, is not going to give up! Banks will have to provide better remuneration for Belgians’ savings accounts and deposit books. “And if in December, we have to make a second voucher, we will do what is necessary to ensure that citizens are protected.”

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