Salary adjustment for bank officers


At the signing ceremony for a new collective agreement. The CA, for the period 2024 to 2026, will benefit some 3,500 bank officers serving in 10 commercial banks across Peninsular Malaysia.

PETALING JAYA: The Malayan Commercial Banks Association (MCBA) and the Association of Bank Officers Malaysia (Abom) have signed a new collective agreement (CA) which will, among others, see Abom members enjoy a 9% salary adjustment.

The CA, for the period 2024 to 2026, will benefit some 3,500 bank officers serving in 10 commercial banks across Peninsular Malaysia.

The agreement was signed in Kuala Lumpur where MCBA was represented by its president Datuk Dr Nora Abd Manaf, and executive director Looi Heong Meng, and Abom by its president Suhairun Mohd Nawir, and its general secretary Ng Choo Seong.

Nora said the signing was a significant occasion and the beginning of a new chapter in the shared journey of the two parties.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Asian shares climb on chip rally, oil jumps as Gulf hostilities resume
Risk-off mood drags on Bursa Malaysia as Iran conflict flares up
Ringgit rises as Fed minutes weigh on US$
Australia watchdog reviews Big Four audit complaints amid KPMG probe
Trading ideas: Chin Hin, Pekat, Infomina, EITA, Pan Merchant, Aemulus, Synergy, Hektar REIT, Sapura Industrial, PRG, Enest
Oil hits multi-week high as US-Iran truce falters
Hektar-REIT seals RM30mil industrial acquisition
GB Bond gets nod to list on ACE Market
Aemulus secures orders worth RM8mil
Pan Merchant in RM17mil contract win

Others Also Read