The Mais Sindicato, Sindicato dos Trabalhadores do Setor Financeiro de Portugal (SBN), and Sindicato Nacional dos Trabalhadores da Banca, Seguros e Tecnologias (SBC) met today with the institutions that are signatories to the banking sector’s Collective Labor Agreement (ACT).
In a joint statement, the unions stated that the meeting did not promise a fair and balanced process for the salary review for 2026.
The three unions reported having presented 20 proposals regarding a set of pressing issues, all of which were met with a refusal by banking entities.
The unions also proposed a 5.7% increase for salaries and pensions, a percentage equivalent to the planned national minimum wage increase, which was countered with a 1.5% offer.
The 20 proposals from the unions include compensation mechanisms aimed at “recognizing and adjusting the rights of active and retired banking employees.”
According to the unions, they “continue to face many problems,” which led to the proposal of “more profound changes” in the collective agreement.
