Finance union requests KBC Ireland mediation on exit issues
The Financial Services Union (FSU) has decided to seek mediation with KBC Bank Ireland through the Workplace Relations Commission (WRC) on a number of issues relating to the lender’s planned exit from the Irish market.
The union said it was counting on KBC Ireland to “put [its] employees first ”by initiating conciliation, even if the Belgian lender has never recognized the Irish unions. He declined an invitation from the WRC last year to discuss the bank’s plans at the time to close some of its branches.
Some of the 1,300 employees of KBC Ireland are members of the FSU. However, the bank refused to engage with the union on issues such as dismissal conditions, job transfer rights and pension plans after the bank revealed in April that it planned to pull out of the job. the Republic.
KBC Ireland is in talks to sell its € 9 billion in performing loans to Bank of Ireland and recently sold most of its non-performing mortgages to US private equity firm CarVal.
“KBC’s continued refusal to discuss, through normal industry channels, the issues that affect their employers is shocking and a deplorable way to treat their staff,” said Gareth Murphy, industrial relations and campaign manager at FSU.
“Our members expect their employer to deal with their representatives in a professional manner similar to what happens at other retail banks.”
FSU pointed out that the Brussels-based KBC group, which recognizes unions in its home market, is a signatory to the United Nations Global Compact, which is based on an employee’s right to be represented by a union.
A spokesperson for KBC Ireland was not immediately available for comment.