Proshare Logo
   Market Date: 23-01-2015   
Agriculture ARTS FINANCE All One Min News Archives Bonds Cap Mkt Sentiments Capital Market CASHLESS NIGERIA Commodities Corporate Earnings Daily & Weekly Market Updates Elections Enterpreneurship ETFs Forex Frauds & Scandals General Global Market Insurance Investors NewsBeat Islamic Finance Mergers & Aquisitions Money Market Mortgage Mutual Funds Nigeria Economy Oil Sector Opinions and Analysis Pensions People Personal Finance Politics Power Products & Services Professionals Property Public Offers Private Placements Regulators REITs Stock PICKS Taxation Telcos Travel & Tours Unlisted OTC MARKET World of Business

Picketing of Banks: 3 banks enter into negotiations with ASSBIFI

Category: Products & Services

  Read (2593)
Picketing of Banks: 3 banks enter into negotiations with ASSBIFI



Associated Release, Lagos, Sunday, January 09, 2011
The Management of Intercontinental Bank Plc last Friday met with the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), in Lagos with a view to resolving the planned industrial action. Similarly, the Managements of Oceanic Bank Plc and Unity Bank Plc have also scheduled same meetings.
Based on the on-going discussions, it is expected that normal services will continue in these institutions until otherwise advised.
The managements of the three banks have advised customers to go about their businesses as none of the banks' branches would be picketed.
It would be recalled that the two unions in the banking sector - ASSBIFI and its junior staff counterpart, the National Union of Banks, Insurance and Financial Institutions Employee (NUBIFIE) had threatened to shut Oceanic Bank, Intercontinental Bank and Unity Bank tomorrow (Tuesday) over the exit of some of their members of staff.
Confirming the move by Intercontinental Bank to resolve the matter, National Deputy President, ASSBIFI, Mrs. Oyinkan Olasanoye, said the Union had meaningful discussions with the management of the Bank last Friday.
According to Olasanoye, who said: "We met with the Management of the Intercontinental Bank Plc today (Friday). We are trying to resolve the matter. We have started discussions and we are not going to picket the bank, said Olasanoye.
Intercontinental Bank Plc had recently promoted 653 staff while relieving 165 staff of their duties based on performance and disciplinary issues.
Unity Bank Plc had also two weeks ago, asked staff with performance issues to exit based on the terms of their employment, which provide that underperforming employees would not be retained by the organisation.

Tags: , 

Comment With Your Facebook or Yahoo! ID

Latest news

News on Products & Services

About Us

Who We Are
Our Team & Partners
Corporate Governance
Advertise with Us
Subscribe / Unsubscribe
Site Map
News Feed - RSS
Contact Us
Volunteer Program
Message from CEO

News & Features
The Analyst / Market Data
Investor Relations Portal
The Regulator
Economy & Politics
Training Portal
Events Calendar
NewsStands - Online Reputation

Products and Services

Research & Market Intelligence
Analyst Services
Offers & Rights Support Service
Investor Relations Services
Alert & Subscription Services
Share Support Services
Proshare Consult
Event & Seminar Coverage
Market Directory
File a Complaint
News & Analysis

News from TheANALYST
Video News from WebTV
Money Market Updates
Opinions & Analysis
Nigerian Economy
Market Data
The Regulator
Discussion Forum

Subscriber Agreement
Privacy Policy
Data Policy
Copyright Policy
Comments in Site
Advertising Code
Conflict of Interest
Content Partnership
3rd Parties

Online Trading and Execution
Legal Support Services
Web/Technology Services
File a Complaint

CBN Governor 2014