The Malta Union of Bank Employees – MUBE and HSBC Bank Malta plc have signed the Collective Agreement for the period 2014-2018. The agreement was signed by MUBE and HSBC representatives in the presence of staff members at the bank’s branch in Zejtun.

This agreement signifies the start of a new chapter in the relations between the bank and the union following a difficult few years. Through this new agreement, MUBE and HSBC can re-establish good industrial relations confirming stability within its working environment. The new collective agreement, which covers all clerical and managerial bank employees, offers improved working conditions both from a financial and non- financial aspect for all employees.

The proposed package was approved by members of staff during a meeting held recently by the MUBE.

HSBC and the MUBE expressed their satisfaction at signing the new agreement and augured that these will help to continue to improve the employees’ conditions and rewards whilst sustaining the bank’s performance in Malta

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