Catching depositors in your web
May 31, 2012
What’s the best way to stop a bank run? Well, ask Bankia. According to Spanish business daily Cinco Días, The Spanish bank – which is set for a multi-billion state bailout – has launched an initiative called “The amazing Spiderman”.
The plan is to convince Bankia’s youngest depositors not to pull their money out as things are looking a bit shaky, by providing some impossible-to-resist incentives. First, any customer that can muster an account balance of €300 or more by the end of May will get a Spiderman themed beach towel. As if that wasn’t enough, a lucky few winners will also be in line for:
- A trip to New York;
- Twelve PlayStation Vita consoles;
- 1,050 tickets for the new movie, “The amazing Spiderman” – with 50 of the tickets to the very première.
The winners will be announced on 12 June.
And we were just starting to worry about the reported €31.44bn drop in private Spanish bank deposits last month. This should sort it…
Author : Open Europe blog team
Bankia, eurozone, eurozone crisis, eurozone. bail-out, Rajoy, Spain |