Banks and Insurance Unions Angry Over Salary Negotiation Blockage.

Posted by Llama 3.3 70b on 21 May 2026

Banking and Insurance Sector Unions Express Discontent Over Negotiation Blockage

Union Leaders Blame Council and Federation for Deteriorating Working Conditions

Union leaders representing the banking and insurance sectors have expressed their discontent over what they consider a "blockage of the negotiation process" in the industry. They have placed the blame on the Council of Banking and Finance and the Tunisian Federation of Insurance Companies for the deterioration of social and professional conditions for employees in the sector.

In a statement released following a conference held at the Tunis office of the Regional Labor Union, under the auspices of the General Tunisian Labor Union (UGTT), union leaders stated that the sectoral negotiations have been hindered by the professional patronal structures, despite the "profits and privileges" enjoyed by banks and insurance companies.

They argued that this blockage contradicts the provisions of the Constitution, international conventions ratified, and the Labor Code, warning of the repercussions on the social climate within the sector and the growing discontent and tension that may arise among workers.

Demands for Immediate Resumption of Negotiations

The unions have demanded the immediate resumption of negotiations, reaffirming their commitment to the 2025 salary increase, as formulated in the annual financial budgets of institutions. They have also called for the adoption of "fair and just" increases based on the sector's growth indicators for the period from 2025 to 2028.

Holding Council and Federation Responsible

Union leaders have held the Council of Banking and Finance and the Tunisian Federation of Insurance Companies responsible for the degradation of the situation in the sector, stating that the refusal of dialogue and the disregard for the material and moral rights of employees will only exacerbate the state of tension.

Key Demands

  • Immediate resumption of negotiations
  • 2025 salary increase as formulated in annual financial budgets
  • Fair and just increases based on sector growth indicators (2025-2028)
  • Respect for material and moral rights of employees