News Local Hellenic Bank staff strike cancelled

Hellenic Bank staff strike cancelled

Employees at Hellenic Bank canceled a strike that would have taken place between 12:30-14:30 on Thursday, the Union of Bank Employees (ETYK) announced.

The announcement says that the Bank’s board met with the union to discuss ways on how to resolve issues and that the board promised that all employees will receive their social security benefits by next week.

In a previous announcment ETYK claimed that the Bank’s board has divided staff in “two categories” after absorbing the former employees of Cyprus Cooperative Bank (CCB).

ETYK said the board is trying to divide the staff in a “racist way” and discriminates against former CCB employees.

“The Bank is refusing to submit money towards the social security fund of former CCB employees,” the announcement says, while noting that CCB employees have yet to be added to Hellenic’s pay scale.

It added that the bank’s board is trying to weaken the union. “The bank has a very clear motive, which is to weaken and destroy the power of ETYK.”

The union demanded from Hellenic’s board to proceed into reformations in the bank’s structure in order to fully incorporate ex-CCB employees.

The board’s response

Hellenic’s board responded to ETYK’s announcement by saying that the bank created a separate social security fund for former CCB employees, as of September 1 and holds their benefits there.

“The social security benefits of former CCB staff are secured in a separate fund and will be submitted towards employees as soon as it is made clear from which fund they will be receiving their benefits from,” the bank said.

Around 1100 ex-CCB workers currently work for Hellenic Bank.

Read more:

https://in-cyprus.com/insider/business/hellenic-ready-for-ccb-clients-employees/

 

Top Stories

127 new cases of COVID-19 on Wednesday

The Health Ministry announced 127 new COVID-19 cases on 21 October, out of 3,309 laboratory tests, taking confirmed infections to 2, 966. The break-down of...

Non-reversible damage to the sight of five patients operated for cataract

The damage to the sight of five out of the eight patients who were operated for cataract and presented serious complications due to infection...

Committee to prepare list of animals for pet shops; reactions

For the first time in Cyprus a list will be prepared with the animals that can be sold in pet shops, however, the issue...

Medical Association on Cyprus’ epidemiological situation

The Cyprus Medical Association is once again asking the public and businesses to make sure not to violate any protocols and to dutifully respect...

15-year-old missing since 20 October (PHOTO)

Police are looking for 15-year-old Antzel Ioannou, who has been reported missing from her place of residence in Nicosia since yesterday, 20 October. Ioannou is...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...