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According to the notice published on the website of Montepio Geral Mutualista, the meeting will be held in the Order of Chartered Accountants, in Lisbon, and should begin at 21:00 (Lisbon time).
The association Montepio Geral Mutualista achieved a consolidated profit of 831 million euros in 2017, against losses of 151 million euros in 2016, according to the report and the consolidated financial statements. Last year.
This figure, according to the document, is the result of "favorable contributions to the net results of the Mutualista Montepio Geral Association on an individual basis of 587.5 million euros and the net results of Caixa Económica Montepio Geral on a consolidated basis of 6.4 million euros ". 19659004] Close
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For the net profit of Mutualista, it must however be kept in mind that he has benefited from tax credits in 2017, due to the recognition of the assets of the company. deferred taxes, which allowed to obtain a leverage effect.
Mutualista Montepio Geral became subject to the application of IRC (the tax applied on corporate profits), this after a request for information of own tax. Paying taxes also allowed him to benefit from the impact of deferred tax assets of more than 800 million euros.
In previous years, the deferred tax asset regime has allowed several banks operating in Portugal to improve their accounts by accounting for accumulated losses in tax credits.
Montepio tax credits, known in March, provoked controversy, with criticism and requests for clarification from the parties PSD, CDS-PP, PCP and Esquerda Bloque
Montepio Geral Mutualist Association, headed by Tomás Correia, is the top of the Montepio group, having more than 600 thousand members.
His main activity is Caixa Económica Montepio Geral, which develops banking business, including President Carlos Tavares (former Minister of Economy PSD Government of Durão Barroso and former President of the Securities Market Commission) .
It is already public that Fernando Ribeiro Mendes, former Secretary of State for Social Security of the Government of the State of António Guterres and current administrator of Mutualista
At the end of this year there are elections for the Mutualista, being already movements of personalities. Montepio, who was recently removed from the leadership of Tomás Correia, will run for president.
At the end of June, at a press conference, Tomás Correia said that he had not yet decided to reapply and that he did not would decide that after discussing with its members
. elections to form a single list for the elections, Tomás Correia was ironic: "I like these meetings, I love these unions, as a Spanish hostel, because they usually work very well, as you you know it."
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