No bank strike on 30 November: unions agree a 3% rise in wages and pensions for 2026
Four bank workers' unions — SNQTB, Mais Sindicato and the unions of the North (SBN) and the Centre (SBC) — have called off the general strike and demonstrations planned for Monday 30 November. They announced the decision on 27 October in a joint statement.
For customers, this means bank branches should open as usual on 30 November. The following day, Tuesday 1 December, is a public holiday (Restoration of Independence Day), and banks will be closed, as they are every year.
The unions reached an agreement with the Portuguese Banking Association and with Crédito Agrícola: wages under the sector-wide collective agreement, the pensions of former bank employees and other payments under this agreement will rise by 3% for 2026. At the beginning of October the banks offered 2%, which is when the unions called the strike.
The unions warned that they will continue to protest at banks not covered by the agreement, but did not say which banks or what form the protests would take.
