[Music]
[Applause]
I think I ‘m looking at myself
epic that maybe just a naive one that
I do not read the newspapers or see the
news in the last ten years
also think how it is presented that a
guy to tell you that the banks
they have their good part their good part that
that is a dream a reality because yes
as you were in this world of
news papers and magazines and books
as you have been able to verify that
they have committed grills and outrages and that
be rescued with public funds
many financial institutions if with
our taxes
I’m going to give you an example that I have very
recent and very close to me apart
of a normal professional activity
Libero name and bank a project of
integration of young people at risk of
social exclusion
and when we ask the guys
which are the banks for them tell us
that are companies that are dedicated to stealing
so imagine what it’s going to be
starting we start is difficult
banks have also had a
problem that has failed to put in value
all the initiatives that have taken
out during the past years a
little in line with what he picked
plutarco in his appointment the one of not enough with
that the woman of the Caesar be honest
it also has to look like
please make me be uneasy to that
they make you want to go to the police and
denounce banks for thieves
scammers true if some trait
special that allows us identification
has ATM
the auditors and gives away pans and
how much commission raised
discovered about 8,000 euros in three
years and this one when you go to a
Branch or private services
true and this one
here there are no moloj banks are banks
worse or worse
good to put some context and
so you can see that the banks really
they are not as bad as it seems
I will give you some small contributions
I promise you not to bore in the
fourth century before Christ in the
old greece the first signs are signed
Forex trading and then loan
later the Roman empire
he founded the dear mutual or mutum was
that to finance agriculture in a
moment in which society had
the population grew exponentially
had grown a lot and there is a
global food crisis after
during the middle ages the banks
constituted as such in the north of
italy and 1,406 was founded on genoa the
first bank
the first modern bank you know why
banks are called banks because the
site where 60 Jews to make the
operations since the 16th century until
the 19th century
the banks accompanied the trade
and trade and industry and the 20th century
came the two great wars europe
I was totally desolate
then the banks along with others
agents had to collaborate to
lift up this continent of ours and you
will the perfect storm loomed in the
21st century
let’s put in context 2006 bubble
real estate in 2007 crisis the
sub prime mortgages and 2008 the crisis
global financial market crisis
market liquidity crisis crisis
what happened because banks are
they forgot what they were
accustomed to doing that is not another
thing that grant loans receive
basic operations deposits
financing and doing advice
Well, we start from a base
let’s make vows and all together let’s go
eliminate the banks in the area to the
earth would be earthly paradise
everything would be perfect there were no problems
love justice social peace
Well , well , let’s make hypothesis
Imagine that there were banks that
I would commission the construction of
infrastructures that the initiative
public does not arrive
right now 65% of the works
infrastructure are financed by
banks that would be responsible for building
the roads the hospitals the
schools as basic subjects as
financial transactions and let’s talk
first the particulars for example
where we keep our savings under the
mattress again
or maybe to pay for receipts and
do not buy for a game of
shackles or maybe to receive the
payroll to give us the money in
cash or imagine that we’re going
trip to sub -saharan africa to burkina
faso and that money to whoever
asked for the money to the head of the tribe not
to the handle because the same applies to
small medium and large companies
imagine an olive grower from Jaén
wants to sell the olive oil in a
very complicated market as the market
Chinese, he needs the support of someone
throughout the process for one thing
as basic as for example is the
guarantee
need banking or maybe the
word of honor from the olive grove of Jaén
I would serve
let’s imagine a world without banks and
let’s talk about housing itself is a
controversial issue but here
we could ask for money to buy
another house to our families to our
friends to the people who pass by the street
not the banks and also there was not a
thing even politically
wrong maybe the mortgage system
Spanish is quite efficient and also
this has added
here the market rates are low
we achieved that 80 percent of
Spaniards own their own
living place
this in society less banked
this percentage
goes down to 18%
let’s imagine a world without banks and
Let’s talk with the generation of employment
there are 700,000 people that we work
direct or indirect way for
banks and there’s more there are other four
millions of people that thanks to the
participation of banks can
lead to lease your dreams can
develop your business we are talking
and individual self-employed entrepreneurs
if it were the banks that is responsible
of this the banks traditionally has
been a catalyst for the economy
what this is basically is the
money that we have left in one place what
we go to places where you need
if the banks were not the ones who
I would commission this channeling
of money the banks to the sector more
cross that exists because it is
present in all sectors and layers
of population that occurred
shareholders and now I’m thinking the
shareholders and I do not care what
actions of the banks because of course
people tend to think that
actions of the big banks are the
important families economic groups
powerful
you know that these people only have
5% of the shareholders 95% of the
remaining is in our hands of the
small and medium investors that
we will do with all this money
let’s imagine a world without banks and
we talked about a concept so in vogue
as social responsibility
corporate or call rsf
until not long ago the banks dedicated
2,200 million euros activities of
social purposes
the same budget the ministry
industry
this figure decreased considerably
after the crisis but still the
banks still devote 4.5 percent
of the profits for philanthropic purposes
is together with the technology sector and
pharmacist
the most supportive sector that exists for
so banks are built that are
I would carry this social aid work
sport whose environment and so on
the microloans so you do not know the
microcredits were some tools
financial institutions that were established
all in third world countries with the
to bring people out of poverty
exclusion risk and they were
managed by the institutions
microfinance institutions these institutions
some reasons or others that comes to value
many of them failed and who
it came to the rescue the banks already
the banks are financing and they are
doing operations in Mongolia for
build cabins taiz streets where
cold oo also for example in
Amazon jungle
Well, to cover the needs of the
population or also in Bangladesh to
help women at risk of exclusion
what we would do with all the groups and
the banks were not
let’s imagine a world without banks
you know that at this moment
financial entities are the
main collaborators of the
authorities on issues such as fight against
fraud tax evasion
the financing operations of the
terrorism and money laundering
why because they have controls and
because they have departments that
devote to this investigation
I’m going to give a figure from last year
four thousand 48 were detected in Spain
operations related to money laundering
capital and financing of terrorism
you know how many were detected by
banks more than half 2,200 and I’m
seeing the face of all I’m saying
good
my mother who is not counting this
man but because I see that victory
here is it is very technological very
innovative I’m not thinking that in addition
of banks there are other platforms
of financial information and I was
occur, for example, business angels
crowdfunding alhendín
the tape narrates you know what I say
that I love that they are dynamic that
they are innovative and they have come for
stay
wood is true they are very good but it is
something that happens also that is not gold
everything that shines in the United States is
an eminently capitalist country
only 1% of the population has
decided to leave traditional banking for
go to modern banking to the people
the platform of your hospitalization join
reasons first of all it does not have
enough muscle
in second place the positions
initiation are not always so good
the supreme court Spanish justice
says that usury is twice the type
of average market interest
I would appreciate you to take a look at
the conditions offered by some of
them in third place is a sector that
it is not regulated yet the whole is
in a legal limbo
however banks are regulated
and well regulated to avoid problems
of transparency to avoid abuse
markets men logically everything
that we came from before because it is logical that
has been done this will be implemented
controls admitted measures of all kinds
and in fourth place by the banks
seen what was coming over us
We are adapting quickly to the
Technological decisions to cover
needs the clients and now they say
one thing in this platform of
financial information hoard
collaborating with the banks you will get
synergies or many of them will be
will be bought by the banks themselves
Thus
seen the above maybe a world
without banks it is not so wonderful either
as we thought not and some reflection
maybe we can direct the bank to a
Model new model other than a model
in which it looks a little bit more like
what we call social banking the
ethics the alternative or even fix
the Islamic banking that basically what
which aims to avoid speculation
financially or has also used a
question that maybe what
could do is because the
citizens we could demand a
namely series of measures that are
transparent ones that are profitable and
same socially useful time that
give effective advice to the
customers who make an evaluation
Appropriate projects that approve
viable projects
have control measures and
finally limit the pay
of the managers I do not know if he has made us
reflect
I hope so and you know that I
would like the bank to return to the
genesis when it was incorporated 25 ago
centuries in ancient Greece that
basically what was intended was
help people
obviously not forgetting the part
pecuniary and allow me to return to
beginning of the talk in which they
I said that from activity
normal professional led name and
bank an integration project
young people in revolution and I ‘m going to
talk about dani dani’s case is a boy
Madrid is 20 years old comes from the
totally unstructured family not
has mandatory minimum training and
good joined the program not
I had no desire and illusion for nothing
I also did not have any kind of
orientation in your life and now you’re
going to class to finish that is
going to professional workshops and we’re
guiding the job search and had
is still without currency with me because I am
your mentor
dani is a funny restless guy
smart and bright and has talent
what happens is that to date nobody
has given the opportunity to progress the
greatest illusion was neither to be an electrician and
let’s continue with him and let’s
help you in training and
financing
and you know what made me special illusion
in last week when your last
session with which he restated the
question today arrive and that are the ones that
they are the banks for you and he answered me
are companies that help grow
many
[Applause]
[Music]
”
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