Termination of employment at Piraeus Bank for salary increase

The Piraeus Bank employees’ association, which announced a work stoppage from 7:45 today, demands a 10 percent salary increase, the conclusion of an operational labor contract, and the immediate replenishment of branches and services with the necessary staff. until 11.45 am

In its statement, the association notes that the salaries of the bank’s employees have remained fixed for 10 years, while Piraeus Bank is improving its operations and showing high profitability. He accuses management of systematically neglecting workers and lavishing bonuses on top executives.

The trade unionists also emphasize that the employees are the real contributors to this impressive 800 million euro profitability recorded by the Bank in 2023.

“Behind the rebranding and digital transformation showcase are the employees who have been locked in salaries for more than 10 years and can no longer make ends meet,” the statement said. “They are the ones who continue to make honorable efforts to maintain the customer-centric nature of the Bank in really adverse conditions.

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