Administration and its employees Piraeus Bank They reached an agreement on a new operational collective labour agreement involving a series of wage and social benefits. A minimum gross salary of EUR 1,700 shall be established from 1 February 2027 for all staff.
Analyticalally:
With a sense of responsibility and satisfaction,
- "Piraeus Bank Workers' Association" (S.E. T.P.),
- "Agri – Piraeus Bank Workers' Association" (C.E. T.A.P.),
- "Pirae Bank Workers' Association" (E.S.E. T.P.) and
- "Piraeus Bank Employees Association Former ETVA" (SYTP-ETVA)
announce the signing of a truly historic Operational Collective Labour Convention for employees in Piraeus Bank. After negotiations lasting more than two months, our Associations signed the new ESSE, which brings economic and institutional cuts, far above any other contract signed over the last fifteen years.
With the new ESSE substantial benefits are guaranteed for all staff, putting new data on the entire private sector in our country.
In particular, we achieved:
Lower Salary Establishment 1.700,00 € for all employees at Piraeus Bank.
Actual wage increases up to 305,00 € for all in the three years 2027-2029, given in part at the beginning of each year.
Direct benefits worth 660.00 to all workers for 2026.
Establishment of new, additional operational liability benefits up to 80.00 €.
Substantial Strengthening Family and Other Social Benefits (increase in the provision of tritecnics & multiples, measures for hyponatality).
Important arrangement for Artificial Intelligence.
The Bank's Management, sharing the economic reality of the employees, finally accepted all the arguments of our Associations and co-signed the new Convention, which changes the financial data in the Bank, Branch and wider.
We signed an agreement on perspective and upgrade of workers' lives!
Detailed Presentation of the Basic Points of the new Operational Collective Labour Convention at Piraeus Bank
A minimum wage of 1,700,00 € for all employees at Piraeus Bank, from 01/02/2027.
Actual total increase of the operating allowance by 255,00 € for all in the three years 2027-2029, incompatible with future increases or voluntary benefits:
- +110,00 € from 1/1/2027, with the amount of 160,00 €.
- +60,00 € from 1/1/2028, with the amount of 220,00 €.
- +85,00 € from 1/1/2029, with the amount of 305,00 €.
Establishment of new, additional operational liability benefits height 70,00 € and 80,00 € for roles of responsibility, both on the store network and the central services, as follows:
Stores
80,00 € for workers with a branch manager role
70,00 € for workers with roles UBO, PBO, SBO
Central Services
80,00 € for workers with a senior manager role
70,00 € for workers with a manager role
Direct benefits to all workers for 2026
- Prepaid Slavenite Card 250,00 €, from 01/07/2026, for all workers up to the level of responsibility senior manager and 100,00 €, for employees with a responsibility level director.
- Extraordinary contribution 210,00 € in the Occupational Insurance Fund, from 01/09/2026, for all employees with earnings up to 5,000,00 €.
- Piraeus Bank shares worth 200,00 € to any employee with a level of responsibility up to and including a director, from 01/11/2026.
Essential Strengthening of Family and Other Social Benefits
- Three-year & multi-year allowance: 50 increase €, from 1/9/2026 – formed at 150 € by child, until completion of studies and the 25th year.
- Widowing allowance: Increase by 30 €, from 1/7/2027 – formed at 100 €.
- Single payment for the birth of a third child and above: Increase by 3,000 € - That's about 5,000. €.
Layout for Artificial Intelligence
Coding of the Special Operational Convention on Telecommunications

