Cyprus Mail
Banking and FinanceBusinessInternational

Staff at BNP’s Italian bank stage first strike since 1990s

bnp italy

Workers at BNL, the Italian arm of French banking group BNP Paribas (BNPP.PA), went on strike for the first time since the 1990s on Monday in protest at back office and IT staff cuts.

Italian banking unions said the strike was “a great success”, adding that take-up had been solid.

“The bank’s internal offices were completely deserted and remained closed as did most branches,” Fabi, First-Cisl, Fisac-Cgil, Uilca and Unisin said in a joint statement.

BNL said that 29.8 per cent of its employees joined the strike.

“In such context, which is also characterised by year-end holidays, BNL has nevertheless ensured business continuity by strengthening the digital channel to support the physical channel” it said in a statement.

Workers are protesting against BNL’s decision to use external providers for IT and back office services, a move that unions said affects 90 out of a total of 11,500 BNL employees in its central offices and around 700 branches across Italy.

Unions have also voiced grievances about BNL’s sale to Worldline (WLN.PA) of an 80 per cent stake in its card payment processing business Axepta Italy.

Follow the Cyprus Mail on Google News

Related Posts

Winners of Stelios bicommunal awards announced

Tom Cleaver

Electricity authority finds illegal solar installations

Staff Reporter

Cyprus sees ‘one of the largest increases’ in renewable energy share

Tom Cleaver

“Nurturing the talents of tomorrow”: Adsterra Backs Up the 2nd Youth Tech Fest Cyprus 2024

Souzana Psara

Comparing European loans: What borrowers need to know

CM Guest Columnist

Oil extends losses on easing Middle East tension, demand concerns

Reuters News Service