Banking Unions Agree 3% Increases and Cancel Scheduled Strike for November 30
6 Articles
6 Articles
The strike scheduled for 30 November was cancelled, after a 3% wage update was agreed. Workers declare that they continue to claim the measures not yet covered.
The trade unions concerned with the UGT and the trade union of the cadres managed, at the time of the negotiation, to increase from a 2% increase, which the banks had agreed, to 3%, more than one percentage point than initially foreseen.
The unions of the banking sector (More, SBC, SBN, UGT and SNQTB) have reached an agreement with the Portuguese Association of Banks (APB) and with the Central Mutual Agricultural Credit Box (CCAM) for a salary and pension update of 3% in 2026, announced today the union structure.
Unions affiliated with the UGT and that of the cadres achieve a 3% increase with the majority of the banks. However, the paralysis in the BCP and Montepio is still a hypothesis. CGD showed opening for agreement.
Claims initiatives relating to institutions that are not covered by these understandings will continue.
The banking unions announced today an agreement with credit institutions for 3% increases in salary tables and pensions, canceling the strike of November 30.
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