Brazilian banking unions released a statement opposing the handover of Caixa Econômica Federal to the center in the federal government’s ministerial reform. The note was signed by Fenae (National Federation of Caixa Econômica Federal Staff Associations), Contraf-CUT (National Confederation of CUT Financial Workers) and Apcefs (Caixa Econômica Federal Staff Associations).
According to these unions, the fact that Caixa has become an object of the center’s desire for ministerial reform is an indication of concern. The organizations recall that in recent years Caixa has undergone privatization attempts, episodes of moral and sexual harassment, reports of financial losses, which affected the bank and the most vulnerable population.
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The entities ask that the federal government not allow Caixa to be used as a bargaining chip with groups that have always acted in the opposite direction, that see the bank as an opportunity to reinforce their field of influence, interfere in the main public policies and do business.
“We defend and demand humanized management, which respects the rights of its workers, so that the bank can truly play the social role essential for the reconstruction of the country”, they highlighted in an excerpt from the manifesto
The unions also recalled that, in addition to releasing financing from state governments, Caixa is responsible for paying social benefits, such as Bolsa Família, which distributes around R$74 billion to 21 million low-income families. Finally, the banking unions said that they “stand against the delivery of Caixa as a promotion of personal interests and those of their allies”.
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In a historical rescue, the entities remember that, in its 162 years of history, the public bank has helped millions of people in various situations, ranging from buying their own home to the transfer of benefits necessary to get out of the hunger map. Caixa is currently the largest public bank in Latin America with social leadership and public policies for the neediest population.
Source: BdF Distrito Federal
Editing: Flávia Quirino