Moreover, the SBC and SBN rejected the Banque Centrale Populaire's proposal to increase salaries by 2.125%.

The Central Bank proposes salary increases of 2.125% for workers. But Mace, SBC and SBN say they were “stunned – and clearly rejected the proposal outright”.

“Another bank whose management does not recognize the commitment and effort of its employees. On the same day that the rating agency expects Banque Centrale Popular earnings of between 800 and 900 million euros in 2023 – a result considered historic -, the Miguel Maia-led institution proposes to the UGT unions a 2.125% increase in financial expression tables and clauses excluding allowances. The meal will be 13.50 euros,” says the UGT union.

The bank's proposal was presented at the negotiation meeting on February 23, in response to a request for a 6% increase for 2024.

“In light of the recently published news, it was not at all expected that the Banque Centrale Populaire would respond like this. On that day, even before the meeting began, the media reported the bank’s expected excellent results.”

“MISS, SBC and SBN could not help but reject the proposal of the Banque Centrale Populaire, not only because of the results achieved, but mainly because the bank seems to have forgotten that in very difficult times, it was its loyal and committed workers who saved the bank,” the memo said. : “When in 2014 it was necessary to reduce salaries to ensure jobs.”

Unions understand the need for shareholders to share profits, “but this sharing must also be done with their workers.”

“Negotiation requires good faith and a proposal of this kind is far from this principle (…) However, it is the conviction of these unions that in the coming days the Central People’s Central Bank will review its position and present a fair proposal that reflects the sharing of profits with those who have enabled them to perform their daily work.” “.