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MILAN (Reuters) -Italian banking unions on Tuesday challenged the determine offered by BNL, the Italian arm of French banking group BNP Paribas (OTC:), over the take up of the day before today’s strike in a uncommon present of open confrontation within the sector.
BNL on Monday mentioned 29.8% of its employees had joined the strike – the primary such protest for the reason that Nineteen Nineties.
The financial institution mentioned it had ensured it may proceed to function because of its digital capabilities at time when employees have been additionally absent because of year-end holidays.
Unions on Tuesday mentioned BNL ought to make clear the way it had calculated the quantity given than 80% of branches had remained shut.
“Embracing the clear problem launched by the corporate unions will try to render even louder employees’ cries of protest,” Fabi, First-Cisl, Fisac-Cgil, Uilca and Unisin mentioned in a joint assertion.
Such a level of confrontation is uncommon in Italy’s banking sector, the place employees are solely laid off via early retirement schemes provided to older staff on a voluntary foundation and really pricey for lenders to fund.
Beneath such schemes, employees obtain as much as 80-90% of the wage from a fund financed by the banks shedding employees till they really qualify for pension.
Staff’ requests to affix the scheme usually exceed the variety of departures deliberate by banks.
The animosity highlights the tough part the trade is enduring with detrimental charges making lending unprofitable, whereas it faces a digital problem from non-banking gamers which aren’t topic to the identical tight regulation and oversight.
Employees at BNL protested towards its determination to make use of exterior suppliers for IT and again workplace companies, a transfer that unions mentioned impacts 900 out of a complete of 11,500 BNL staff in its central workplaces and round 700 branches throughout Italy.
Unions have additionally voiced grievances about BNL’s sale to Worldline in July of an 80% stake in its card cost processing enterprise Axepta Italy.
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