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Monday, June 11, 2012

REPORT: ITALIAN BANK DECLARES 'HOLIDAY' (Closes to customers)

An Italian bank closes it’s doors to depositors but you have to go to a foreign news outlet and use a translation program to read about it. No coverage in US media…

DRUDGEREPORT: ITALIAN BANK DECLARES 'HOLIDAY' 

BNI depositors unable to make withdrawals / payments, payments of utility bills, mortgage payments, taxes

"Grave's attitude assumes that the Bank of Italy measures without considering the impact on depositors, and in particular, on income families and pensioners "

Bank of Italy asks for an urgent meeting and the lifting of the Network The Bank of Italy authorized the suspension of payments by Bank Network (BNI) without communicating anything to the depositors.

Very serious and unacceptable - says Peter Jordan, Secretary General the attitude of the Bank of Italy SpA BNI in the story, because highly detrimental to the interests of customers.

Bank of Italy, in fact, after extending the receivership of the bank, thus giving the impression of an imminent rescue, then gave the green light  to compulsory liquidation, without giving any prior notice to the depositors, leaving them in a position of not being able to make any type of operation, even basic ones for daily survival, such as withdrawals / payments, utilities payments, rates, taxes.

We must unfortunately note that offensive measures as those adopted in BNI to customers - Giordano complaint - not a case in particolare sui Decisions without taking into account the heavy impact, particularly on savers in possession of a single current account to which salary or accrediting pension, are not new to Bank of Italy, and have also affected the current account of MB Bank.

The attitude of the Bank of Italy - Jordan continues - is bureaucratic and notarial Adiconsum as we asked in a letter sent to the BNI and Bank of Italy order lifted, and an urgent meeting to define the way in which the customers, especially pensioners and fixed income families, may perform normal daily operations.

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