Spain: new savings bank collective agreement sets framework for the expected restructurings in the sector

ACARL, the employers’ association of savings banks, and the sector’s majority unions (Comfia-CCOO, FeS-UGT, the Confederation of Independent Savings Bank Unions – CSICA, the Confederation of Galicia – CIG, and the Interunion Savings Banks Confederation – CIC) signed the agreement of savings banks and financial entities 2011-2014.  Unions said that this agreement, valid for four years, was “strategically key (…) to defend employment and working conditions of a changing sector.”  The collective agreement meets the need to determine stable bargaining framework to address the concentration of entities in an orderly manner and guarantee the legal security of employees’ rights in a context of changing legal nature of the entities, and going from the status of savings bank to that of bank.  Here are the key elements of the agreement. 
Enjoy this article for free while you’re in your trial period
You have access to our content for 1 month.

gned the agreement of savings banks and financial entities 2011-2014. Unions said that this agreement, valid for four years, was “strategically key (…) to defend employment and working conditions of a changing sector.” The collective agreement meets the need to determine stable bargaining framework to address the concentration of entities in an orderly manner and guarantee the legal security of employees’ rights in a context of changing legal nature of the entities, and going from the...

Do you have information to share with us?
What you absolutely must read this week
The essential content of the week selected by the editorial team.
See all
Luxembourg: two pension reform bills submitted to parliament
After lengthy negotiations with the social partners, in mid-October the Luxembourg government submitted two bills to parliament aimed at reforming the pension system to ensure its long-term...
Germany: pensioners in work already common practice, study shows
As the German government steps up measures to encourage people to stay in work beyond the legal retirement age, a new study by the Institute of Economic and Social Research (WSI) – an independent...
France: social conference on labour and pensions to proceed without main employers’ group
The preparatory meeting ahead of the social conference on labour and pensions, which is set to decide on the pension system model and the funding thereof, was held on 4 November at France's labour...
Spain: already well on the way to pay transparency?
Spain is preparing for the implementation of its national law transposing the EU Pay Transparency Directive, which will take effect on 7 June 2026. The legislation marks another step forward in...
5 November 2025
Most viewed articles of the month on mind HR
What readers clicked on the most last month.
What readers clicked on the most last month.
1
France: social conference on labour and pensions to proceed without main employers’ group
The preparatory meeting ahead of the social conference on labour and pensions, which is set to decide on the pension system model and the funding thereof, was held on 4 November at France's labour...
2
Germany: pensioners in work already common practice, study shows
As the German government steps up measures to encourage people to stay in work beyond the legal retirement age, a new study by the Institute of Economic and Social Research (WSI) – an independent...
3
Candice Guillot (Talan): “Our recruiters save just over 80 hours per year on administrative tasks thanks to AI”
Candice Guillot, group director of employee experience and HR performance at Talan (7,000 employees), outlines for mind RH her vision and strategy for introducing artificial intelligence at the...
4
Luxembourg: two pension reform bills submitted to parliament
After lengthy negotiations with the social partners, in mid-October the Luxembourg government submitted two bills to parliament aimed at reforming the pension system to ensure its long-term...