Bank: BICIG storm warning!

by time news

2023-08-03 05:42:29

DIG/ The International Bank for Trade and Industry of Gabon (BICIG) could know social tensions in the days to come.

Indeed, three years after its takeover by the financial holding company Atlantic Financial Group (AFG), and despite the good financial results recorded by the new Ivorian shareholder, the bank’s staff are worried about their future and denounce their appalling working conditions.

In a letter sent on July 25, 2023 to the general management, the staff representatives expressed their serious concerns about the future of the bank and the preservation of jobs.

The grievances of the staff relate to several points. First of all, the salary grid, considered obsolete and unbalanced. Then, the feeling of being marginalized in the new recruitment process of the AFG group.

More broadly, employees deplore the lack of promotion of their careers and the lack of consideration on the part of management, with whom no meeting has taken place for 3 years.

However, BICIG recorded record results in 2022, with a net profit of 20 billion CFA francs. What, according to the employees, indexing salaries to inflation and setting up an annual bonus.

Its employees therefore addressed an 8-day ultimatum to the general management to open negotiations, threatening to harden their actions.

(With Gabonreview)

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