Buenos Aires News

Banks on Strike This Week in Argentina

Banks on Strike This Week in Argentina
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Thursday December 08, 2016

Banks on Strike This Week in Argentina

As banks are on strike this week in Argentina, it is not possible to use any banking services of a non-national bank (i.e Citibank, Santander, Banco Frances and foreign based banking institutions).

However, the Banking Association Union is meeting this week with various government officials in order to reach a compromise.

In addition, other banks could strike again and the general strike could be extended if the negotiations are not successful.

The reason for this strike is the agreement about wage and salary. As the banks didn’t keep their promise to pay their workers properly, a lot of weight is put on Wednesdays negotiations.

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