CIBCThis morning, the unionized Members of CIBC First Caribbean International Bank took strike action against the Bank as a result of the Bank’s stalling tactics with the current negotiations for salary increases, severance pay and an exit package given the impending closure of the bank. Unionized Members from across its branches in Belize assembled at FCIB’s Albert Street Branch and staged a protest from 7am to 9am and 11am to 1pm today. A release from the Christian Workers Union reveals that the strike is expected to continue tomorrow Friday, 30 October, 2015 or until the Bank submits proposals that are respectable and show genuine movement towards a compromise for the employees. The release further states that the Bank’s approach towards the proposals of the workers has been to either make no genuine efforts to counter-offers and remains repetitive in their response, refusing to make any attempt to reach compromise. The release ends calling on the Bank to start negotiations in good faith and to make reasonable offers instead of their insulting approach. The protest was limited to Belize City as a check with employees at the Orange Walk Branch revealed that they were open for business today without any interruption.

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