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Banking universities hint at protest

Banking universities hint at protest

The General Union of Banks and Financial Institutions in Tunisia announced that it will hold a press conference on June 2, 2026, and warned of upcoming protest actions over unresolved issues, including the suspension of negotiations with the Bank Council and the Tunisian Union for Insurance, as well as withholding salary increases owed for 2025. They also rejected the proposed increase in the minimum wage between 2026 and 2028, which ranges from 70 to 100 Tunisian dinars, describing it as inadequate and not reflecting the sector's profits or employees' efforts. Additionally, they called for the application of Article 412 of the Commercial Code to reduce interest rates on long-term loans for bank employees and to put an end to monopolistic practices in banking activities.

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