Carlos Torres Vila: Banking Boring, Stressful
on Saturday, July 8, 2017Carlos Torres Vila Money Quote saying as CEO of Spain’s BBVA that customers don’t like dealing with banks to support the idea that it can all be automated. Carlos Torres Vila said:
“Really people don’t like banking, it’s boring, it takes time, causes them stress, and people have bad financial habits” — Carlos Torres Vila
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In this quote, Carlos Torres Vila is giving his perspective on why many people do not enjoy engaging with banks and handling their financial matters. He suggests that banking seems boring and time-consuming to most, and can also be a source of stress due to the responsibility involved. Additionally, Vila notes that people commonly have poor money management habits.
The overall interpretation is that Vila believes many find banking an unpleasant chore due to these factors – the lack of excitement, the demands on one’s schedule, the anxiety it can provoke, and individuals’ typical weaknesses with personal finance discipline.