Bank negotiations: new increase of 2.6% and starting salary that exceeds 2.3 million

Bank negotiations: new increase of 2.6% and starting salary that exceeds 2.3 million
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Argentina

La Bancaria closed the salary update for April and confirmed a bonus for Banker's Day that exceeds 2 million pesos.

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The Banking Association reached a new collective agreement and applied a salary update of 2.6% corresponding to April 2026. With this adjustment, the initial salary in the sector has risen again and now clearly exceeds 2.3 million pesos per month.

According to the union led by Sergio Palazzo, the basic initial salary has been set at $2,319,195.20. Additionally, the bonus for Banking Day has seen a significant improvement and is established at $2,067,482.29.

This increase impacts the usual gross remuneration, including conventional additional payments and non-remunerative amounts. In this way, banking employees maintain their position among the highest-paid workers in the Argentine labor market.

With the increase in April, the union has accumulated a 12.3% rise in the first four months of the year, always using December 2025 salaries as a base.

The strategy of monthly updates

From La Bancaria, they emphasized that they will seek to continue with this scheme of monthly reviews to protect purchasing power against inflation. The goal is to avoid any real loss in the income of workers in the sector.

The salary of banking employees is not limited to just the basic pay. It also includes participation in the profits of financial entities through the ROE, various conventional additional payments, and specific bonuses in the sector.

This complex structure allows total remuneration to be positioned above the national average and remain competitive in the private sector.

The agreement was signed with business chambers and is already in effect for May payrolls. Workers will receive the impact of the 2.6% in their next salaries.

Details of the bonus and outlook

The bonus for Banking Day, which is traditionally paid in September, also received an important update and will exceed 2 million pesos. This amount is added to the usual salary and represents a significant extra income for employees.

The union highlighted that the agreement reached keeps the dialogue open with employers and allows for ongoing monitoring of the economic evolution for possible future adjustments.

In a context where private salaries seek to recover, banking employees manage to preserve their purchasing power thanks to these monthly agreements. The increase in April is applied directly to all remuneration concepts.

In this way, workers in the financial sector continue on a path of improvements that positions them as a reference in collective negotiations in the country.


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