ACB Caribbean open to dialogue with former RBC workers in Grenada
RBTT Bank Grenada Limited
took strike action on Tuesday, after an announcement by the country’s Labour Minister that the former majority owner, Royal Bank of Canada, plans to challenge a recommendation for staff to be given severance.
The employees reportedly disagree with their former employer’s position not to offer severance after the Canadian bank was acquired by Antigua Commercial Bank (ACB) Caribbean in Antigua.
“Today, some of our staff members have decided to take strike action to highlight their disagreement with the former majority owners, Royal Bank of Canada’s decision to challenge the Minister of Labour’s recent recommendation for the staff to be given the option to accept severance,” the ACB Caribbean said in a release.