This challenge launched by the unions against the five major banks “goes further, and extends to all other credit institutions, as all the banks, individually, have made profits.”
The three banking unions UGT (SBN – Sindicato dos Trabalhadores do Setor Financeiro de Portugal, Mais Sindicato and Sindicato dos Bancários do Centro) sent a letter to the five largest banks in the country, proposing to allocate additional salary to all their employees, given that the sector has recorded historic results.
Unions want bank employees to receive more because of profits that were expected due to the impact of higher interest rates on margin income. In fact, as of September this year “there were 987 million euros in CGD, 650 million in Milleniumbcp, 638 million in Novobanco, 621 million in Santander, and 390 million in BPI.”
These results mean a profitability of 33.6% for Novobanco, 21.7% for Santander, 16.7% for BCP, 14.7% for CGD and 13.7% for BPI, as revealed by Mais, SBC and SBN.
Now, say the unions, “since obtaining the declared results depends mainly on the performance of the employees of the above-mentioned credit institutions, it seems to be the simplest of justice that they should be compensated and recognized for the dedicated efforts on behalf of the banks.” In their workplace.”
“After SBN, Mais Sindicato and SBC congratulated those institutions for the historic results obtained, the above-mentioned proposal is concrete and thoughtful: to pay a benefit to all its workers equal to the monthly salary,” they defend without hesitation.
The unions see this as “an ideal opportunity to fairly recognize the performance of the lead engineers for their results, because only through their commitment, dedication and professionalism could these figures of excellence have been achieved.”
This challenge launched by the unions against the five major banks “goes further, and extends to all other credit institutions, as all the banks, individually, have made profits.”
“The challenge faces everyone,” they say, because bank employees “deserve to share” in the profits. This is their Sunnah.
The unions also claim that workers and their families have been systematically losing purchasing power over more than a decade, as a result of salary increases that have not kept pace with rising inflation, as well as an increase in the bank’s reference rate. , which subsequently increases mortgage payments.
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