The National Union of Bank Workers (SNQTB) has revised its proposal, suggesting a 2.9% increase in salaries, pensions, and other monetary clauses of existing collective agreements. This update is based on the latest inflation forecast of 2.3% for 2025, aiming to maintain the purchasing power recovery principle, ensuring a real gain of 0.6% for active workers and pensioners.
During the negotiations for collective agreements in the banking sector, the union had previously put forward a proposal for a 2.5% salary update this year, along with a safeguard clause tied to rising inflation.
Most banking institutions rejected including this clause, agreeing to a 2.5% increase, as the predicted inflation rate for the year was 1.9%, noted the SNQTB.
“Despite this well-founded and responsible update, the banks also rejected the proposal, actively undermining the income recovery for banking staff,” the union lamented, further criticizing a “hasty stance of other union structures that signed agreements without adequate safeguards, compromising future negotiation capabilities on behalf of all sector workers.”
Nevertheless, the union expressed optimism that “the situation can be corrected,” given the “significant profits” reported by the banks.
