Ver Angola

Banking and Insurance

Employees of state-owned BPC ask for suspension of dismissals

Workers of Banco de Poupança e Crédito (BPC), a state-owned bank, selected for dismissal have asked for the suspension of collective dismissals, until an agreement is reached, with more balanced benefits between the parties.

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The position was disclosed Monday at a press conference by the BPC Trade Union Committee, which considers the third phase of the Recapitalization and Restructuring Plan (RRP) of the bank to be marked "by uneducational actions," as they go against the current interests of the government to promote employment and employability.

Sofia Nicolau, second secretary of the BPC Trade Union Committee, cited by Angop, stressed at the press conference that the demands include the review of layoffs by extinction, because there is only closure of some branches and the jobs continue to exist.

According to the union member, the dismissals are occurring as if the company was going bankrupt, because they are collective, which only happens in case of total bankruptcy of the company.

"What is verified is that BPC keeps the jobs", said Sofia Nicolau, requesting that compensation of 1.5 million kwanzas be given, without taxation, for each year of work, to employees with more or less than five years of work.

"So a person who loses his job still pays Labor Income Tax?" he questioned.

In another press conference, the president of the National Union of Bank Employees of Angola accused the government of being solely responsible for the negative results of BPC, originating the dismissal of almost 2000 workers.

Filipe Makengo stressed that one of the reasons for the poor performance of the bank is linked to bad loans, so the executive should charge the debtors, many of them private, linked to commerce, and that are identified.

"For us, the ideal is that these amounts are recovered through the courts. As an example, retired workers in the public sector have honored their commitment to banking and even with their salary diminished, why not continue to go after the debtors to restitute the values? We call on the state to urge the bank's management to activate the mechanisms to recover the funds that belong to all of us," the union leader stressed at the end of last month.

In an information about the RRP, the director of Human Capital of the state-owned BPC, Alfredo Monteiro, explained that in the process of dismissal of employees a strategy was outlined to accelerate their quick insertion in the labor market, namely an unemployment fund, the equivalent of an additional financial compensation of 25 percent complementary to the employee's remuneration, the forgiveness of credit in the bank, credits for the beginning of economic activity, training in business management, among others.

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