KUALA LUMPUR, April 12 — After almost two years of negotiations, the National Union of Bank Employees (Nube) and the Malaysian Commercial Banks’ Association (MCBA) officially signed their 19th Collective Agreement (CA) today.
At the CA signing ceremony, Nube secretary-general J. Solomon said the agreement is effective January 1, 2021 until December 31, 2023, or until the CA is renewed.
He said over 20 non-financial and financial schemes and incentives were agreed upon through negotiations between the two parties thus benefitting and enhancing the status of banking sector workers, especially Nube members.