There are 4 branches of Caixa Geral de Depósitos that are closed in the Algarve

Gambelas (Faro), Ameijeira (Lagos), Quinta do Amparo (Portimão) and Monte Gordo (Vila Real de Santo António) are the four dependencies […]

Gambelas (Faro), Ameijeira (Lagos), Quinta do Amparo (Portimão) and Monte Gordo (Vila Real de Santo António) are the four branches of Caixa Geral de Depósitos (CGD) that will close in the Algarve.

According to the newspaper «Público», the list appears in the document sent by the chairman of the bank's board of directors, Rui Vilar, to the chairman of the parliamentary inquiry committee on the recapitalization of CGD, Emídio Guerreiro, indicating that 61 branches will close across the country. , as part of the first phase of the cost reduction plan.

The closure of the largest number of CGD branches will take place in Greater Lisbon, with 18 branches closing, followed by the North (15), the Center (13) and the South, where 15 branches are closed, of which four in the Algarve.

In the Algarve region, the closing of the dependencies of Gambelas and da Ameijeira has already been challenged by the PCP. In the case of the Gambelas branch, which also serves the University of Algarve, the communists point out that it is Caixa's only branch in the entire parish of Montenegro, and that it even has “a high number of clients and daily movements”.

As for Ameijeira, the PCP emphasizes that this branch “has a high number of customers and daily movements”, and is even “the only bank branch in that area of ​​the city” of Lagos. He adds that, "taking into account the traffic constraints and the influx of customers at the counter in the city's downtown, this is yet another measure that harms Lacobrigenses", in particular the "older" population.

Steven Sousa Piedade, president of the Montenegro Parish Council, has also expressed his "dissatisfaction" with the closing of CGD's branch in Gambelas, stressing that "it will affect hundreds of customers who use that counter daily, located next to the main entrance of the Campus of Gambelas of the University of Algarve».

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