APS Bank and MUBE sign new Collective Agreement

Left to right: Peter Gatt (Senior Employer Branding Manager, APS Bank), Kenneth Azzopardi (Head of Human Capital, APS Bank), Elaine Calleja (Head of Career Development, APS Bank), Ray Bonnici (Chief People Officer, APS Bank), Marcel Cassar (CEO, APS Bank), William Portelli (President, MUBE), Sharon Mallia (Manager, and APS Bank MUBE Group Committee Chairperson), Charmaine Navarro (Manager, and APS Bank MUBE Group Committee member) and Mark Zerafa (General Secretary, MUBE).

APS Bank plc and the Malta Union of Bank Employees (MUBE) have signed a new Collective Agreement for 2023–2025. The discussions for the new Agreement started in 2022 and were characterised by a cordial exchange of ideas aimed at building on a culture of consistent performance and maintaining high levels of employee engagement. 

The new Agreement focuses on retaining a competitive remuneration framework, including increased salary limits, improved benefits, rewards and incentives aligned with the Bank’s performance. The Agreement also includes enhancements to working arrangements and workplace flexibility, as well as ongoing career development and training opportunities. Additionally, the Agreement continues to support and promote employees’ health and wellbeing.

Ray Bonnici, Chief People Officer at APS Bank commented, “The 2023 – 2025 Collective Agreement continues to build on the long-term vision, embraced by both the Bank and MUBE, and affirms the Bank’s Values and objective of being the employer of choice, whilst recognising and responding to the challenges of retaining and attracting talent, within the context of ongoing developments in the local economy and the world of work.”

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